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The Government of Canada’s terminology and linguistic data bank.
profit-and-loss sharing [1 record]
Record 1 - internal organization data 2016-05-09
Record 1, English
Record 1, Subject field(s)
- Banking
- Financial Institutions
Record 1, Main entry term, English
- profit-and-loss sharing
1, record 1, English, profit%2Dand%2Dloss%20sharing
correct
Record 1, Abbreviations, English
- PLS 1, record 1, English, PLS
correct
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
While Islam employs various practices that do not involve charging or paying interest, the Islamic financial system promotes the concept of participation in a transaction backed by real assets, utilising the funds at risk on a profit-and-loss sharing basis. ... The concept of profit-and-loss sharing in an enterprise, as a basis of financial transactions is a progressive one as it distinguishes good performance from the bad and the mediocre. This concept therefore encourages better resource management. 2, record 1, English, - profit%2Dand%2Dloss%20sharing
Record 1, French
Record 1, Domaine(s)
- Banque
- Institutions financières
Record 1, Main entry term, French
- partage des profits et des pertes
1, record 1, French, partage%20des%20profits%20et%20des%20pertes
correct, masculine noun
Record 1, Abbreviations, French
- PPP 2, record 1, French, PPP
correct, masculine noun
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
Le partage de profits et pertes (PPP). Le principe de PPP est unanimement accepté comme la base des transactions contractuelles en finance dans une économie islamique. Selon ce principe, le financier a droit à un revenu sur le prêt qu'il a fourni et est disposé à supporter une perte si le projet échoue. 2, record 1, French, - partage%20des%20profits%20et%20des%20pertes
Record 1, Spanish
Record 1, Campo(s) temático(s)
- Operaciones bancarias
- Instituciones financieras
Record 1, Main entry term, Spanish
- reparto de ganancias y pérdidas
1, record 1, Spanish, reparto%20de%20ganancias%20y%20p%C3%A9rdidas
correct, masculine noun
Record 1, Abbreviations, Spanish
Record 1, Synonyms, Spanish
Record 1, Textual support, Spanish
Record number: 1, Textual support number: 1 CONT
[...] el modus operandi de las finanzas islámicas se basa en tres pilares: el establecimiento de acuerdos de reparto de ganancias y pérdidas, la existencia de un activo real que respalde la operación y no considerar inversiones relacionadas con lo prohibido (haram). 1, record 1, Spanish, - reparto%20de%20ganancias%20y%20p%C3%A9rdidas
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