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Financial and Economic Dictionary

A collaborative initiative uniting 11 partners from the government sector, this dictionary is built to serve as a unified reference and vital knowledge hub for specialists and enthusiasts alike. It aims to enhance financial literacy, support the Kingdom's development process in light of Saudi Vision 2030, at a time when terminology is no longer just a linguistic tool, but have become pillars of knowledge on which policies are built, legislation is formulated, and dialogue between specialists, decision-makers and relevant authorities in the financial sector is managed.

Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms

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Most searched terms

Holding Fund

An investment fund the main objective of which is to invest all of its assets in other investment funds.

Fund's Net Profit

For the purposes of the Real Estate Investment Funds Regulations, means the total revenues of the real estate investment fund after deducting the total expenses and fees incurred by the fund, except for the items of the other comprehensive income.

Guarantor

A person authorized by customs authorities in a contracting country to provide guarantees and sureties for transit process.

Change Request

A formal proposal for altering a system's functionality, often requiring approval.

Nonconformity

A deviation from established standards, regulations, or requirements, often used in the context of quality control and compliance.

Request for Qualifications (RFQ)

A tender document issued by the Contracting Authority to potential bidders to evaluate their qualifications and/or capabilities to be qualified to submit proposals for the PSP Project.

Return on Equity (ROE)

A financial ratio that measures a company's profitability by comparing its net income to shareholders' equity, indicating the return earned on shareholders' investments.

Payment Default

Failure to meet financial obligations.

Credit Risk Premium

The additional return demanded by investors for lending to borrowers with higher default risk.

Existing Contract

A signed or licensed contract outside the Etimad Platform, and part of it may have been disbursed outside Etimad.

Option Contract

Any option to acquire or dispose of a security, currency, oil, silver, gold, platinum and palladium.

Public Works Contracts

Execution contracts, projects and construction contracts.

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