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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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أ ب ت ث ج ح خ د ذ ر ز س ش ص ض ط ظ ع غ ف ق ك ل م ن ه و ي

Most searched terms

Final Cash Consumption Expenditure of Households

Household spending for direct satisfaction of needs or wants through monetary transactions. It is generally associated with the domestic concept that includes expenditures made by households, regardless of nationality or residence, within the economic territory of the country.

Overspending

The act of exceeding a budget or spending more than what was allocated or planned for a specific period, which can lead to financial difficulties.

Demerger

A type of Demerger where all of the shares in the spun-off entity/new entity to be formed to hold the asset, are distributed on a pro-rata basis to the Listed Company’s shareholders as dividend, resulting in a full separation of the two entities in a single process.

Fixed-Income Security

An investment that provides regular interest payments, such as bonds.

Termination of the Fund

The date on which the Fund ends according to the term or event specified in the Fund’s terms and conditions, including the asset sale phase and the distribution of unit holders’ dues to them.

Other Revenues

Revenues collected by the government from property income, sales of goods and services, fines, penalties, confiscations, and other transfers.

Scorecard

A visual or tabular performance measurement tool used to track and evaluate progress, often using key performance indicators (KPIs).

Local Bank

An institution that has received a license to engage in banking business in accordance with the Laws of the Kingdom.

Control Environment

A set of standards, processes, and activities that provide the basis for carrying out internal control procedures in the entity.

Commissioning Start

On completion of construction, the process of testing to ensure the Private Party has met all preconditions necessary to commence operations.

Commodity

A basic good or raw material used in commerce, interchangeable with other goods of the same type.

Technological Infrastructure

The digital and physical systems that support economic and technological activities.

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