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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

Returned Payment Order

Returned payments orders from the Ministry of Finance, which are received from government bodies to address the observations.

Productivity

The efficiency of production, typically measured as output per unit of input.

Economic Recovery

The phase following a recession where the economy starts to grow again, with increased production, job creation, and rising confidence in markets.

Conglomerate Merger

A merger between companies in unrelated industries to diversify business operations.

Non-Oil Activities

Refer to all other economic activities except oil activities and government services.

Information System

A set of organizational elements that include people, processes, procedures, policies, activities, and technical tools, which are linked together. The purpose is to enter, retrieve, store, analyze and process data and information in its various forms.

Knowledge Production

The process of generating new ideas, research, and innovations to drive economic and social progress.

Engagement

Active participation and interaction among individuals or employees within an organization, which enhances a sense of commitment and loyalty.

Productive Activities

Economic activities that contribute to output and growth.

Oil Activities

Oil Activities encompass the activities of crude oil, natural gas, and refining activities.

Critical Systems

Systems or networks whose disruption or compromise could adversely affect an organization's operations and national interests.

Economic Revitalization

A process aimed at improving or reinvigorating a stagnating or declining economy, often through investments, job creation, and infrastructure development.

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