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Glossary


Absolute Advantage
A person, company or country has an absolute advantage if its output per unit of input of all goods and services produced is higher than that of another person, company or country.

Budget
The annual announcement which the Chancellor of the Exchequer makes once a year to outline his government's taxation and spending plans for the forthcoming financial year.

Pre-Budget announcements are made in November, with the real Budget in March of each year. Budgets are given Parliamentary authority by the Finance Act which is passed each year.

Share Account
A building society account where there is no cheque book facility. Interest is usually variable and sometimes there is a notice period for withdrawals. Share account holders are members of the society and are entitled to vote and attend annual general meetings.

Short Term
The expressions 'short term', 'medium term' and 'long term' mean different things in different contexts and, indeed, they mean different things to different people. In general, the stock market uses the terms as follows:

  • Short term - anything from 1 week to 2 years.
  • Medium term - anything from 2 years to 5 years.
  • Long term - anything from 5 years to 30 years!

Universal Banking
A system of banking where banks are allowed to provide a variety of services to their customers. In universal banking, banks are not limited to just loans, checking and savings accounts, and other similar activities, but are allowed to offer investment services as well. Universal banking is less common in the United States than in Europe.

What visitors say

The well know financial and trading market " Sarai Shahzada" is located in the heart of Kabul city and is operated by three sons of Late Abdul Aziz Shahzada (The Founder of Sarai Shahzada)namely Timor Shah, Ahmad Shah and Babur Shah Sadozai respectively. -Baburshah Sadozai, CEO of Babur Shah Center

Quick Contact

Address: Jada-e-Asmaye, Kabul Afghanistan.

Contact no: 020 2106138

Eamil: Info@saraishahzada.af

Website: www.saraishahzada.af

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