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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

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
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

Customer-Centric Risk Management

Identifying risks that could impact customer experience and satisfaction and taking the necessary arrangements to reduce or deal with it.

Listing

Listing securities on the Exchange either on the Main Market or on the Parallel Market, or, where the context permits, the application for listing.

Dividend

A payment made by a corporation to its shareholders as a portion of its earnings. It is typically distributed periodically, such as quarterly or annually.

Foreign Investment

Directing the savings of an economy in a specific geographic region to the formation or acquisition of new real capital assets within the Kingdom's economy in a specific geographic region.

Consumption

The process of using goods or resources directly in economic activities, either in production or personal consumption.

Supplier Name

The name of the entity to which the competition was awarded, as stated in the commercial registry.

Activity Name

The name of the main activity of the competition on the basis of which the bidding will be announced by the government entity.

Debit Notice

A commercial document issued by the supplier or the seller to the buyer, as a document that proves the increase in the buyer's debt due to the seller or the supplier. It is useful for the purposes of value-added tax, and the adjustment.

Government Assets

Assets owned by governmental or public entities, including tangible assets (such as land and buildings) and intangible assets (such as intellectual property rights), which are used to achieve public goals and provide services to citizens.

Illiquid Assets

Fixed assets, financial resources which are not readily realizable, or deposits not available for withdrawal within three months or less.

Ongoing Reforms

Economic policies aimed at improving structural aspects of the economy.

Endowment Fund Assets

Assets that are managed by a third party for specific objectives, and may include both monetary and non-monetary assets.

Ordinary Course of Business

A usual activity that is normal to the day to day operations of the business. Occasional or infrequent activities do not constitute an ordinary course of business.

Public Works Exempted from Competitions

Public procurement projects exempt from competitive bidding processes.

Freelance Economics

A labor market based on short-term contracts and freelance work instead of permanent jobs.

Shadow Economy

All economic activities and transactions, whether legal or illegal, that are not recorded in the official accounts or regulations of the state, and whose transactions are subject to taxation if reported.

Developing Economies

Countries facing challenges in economic growth, relying mostly on agriculture and natural resources, and dealing with issues in infrastructure, education, and healthcare.

Tax Return

The information and data specified for tax purposes and submitted by a taxable person or a person authorized to act on his behalf for each tax period in accordance with the form prescribed by the Zakat, Tax and Customs Authority.

Behavioral Economics

A field of economics that studies how psychological and emotional factors influence economic decisions.

Supply-Side Economics

An economic theory emphasizing production, investment, and tax cuts to stimulate growth.

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