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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

Troubled Bank Unable to Lend

A financially struggling bank that continues operating due to government support despite being insolvent.

General and Administrative Expenses

The costs incurred by an organization to support its overall operations, including salaries, office rent, utilities, and other non-production expenses.

Category Determination Criteria

The criteria set out in Annex 28 of the Rules on the Offer of Securities and Continuing Obligations, which are used to determine whether a transaction constitutes a significant transaction requiring shareholders’ approval.

Current Accounts Reconcilement

The process of The reconciliation of ministerial checks, issued by the Ministry, paid by the Saudi Central Bank and the reconciliation of the revenues by government bodies for the Ministry of Finance current accounts in the Saudi Central Bank.

Transaction

Any arrangement, understanding, agreement, or mutual practice whether or not legally enforceable undertaken between two or more Persons.

Flat Reward

A reward's structure where partners are paid a fixed amount of money for a sale, as opposed to a percentage of the deal.

Insolvent

A person to whom an insolvency event has occurred.

Main Contractor

The main person is the one who are assigned by awarding or direct approval to do the work.

Loading Office

An office located in the territory of a contracting party that has the authorities to place customs seals on the transport units for transit purposes.

Beneficial Ownership

A natural person(s) who ultimately own(s) or control(s) the funds of the clients or on whose behalf a transaction or activity is being conducted. It also incorporates those persons who exercise ultimate effective control over a legal person or arrangement.

Maturity Profile

The distribution of debt or financial obligations over time, indicating when debts or securities are due for repayment.

Employee Benefits

All forms of consideration given by an entity in exchange for service rendered by employees or for the termination of employment.

Digital Experience Platform (DXP)

Comprehensive technology solutions that combine a range of technologies and tools to facilitate the creation, management, improvement, and delivery of digital experiences across multiple channels and touchpoints.

Agricultural Produce

The harvested produce of the entity’s biological assets.

YTD (Year-to- Date)

The period from the beginning of the current calendar year or fiscal year up to the present date, used for measuring financial performance, investment returns, and financial metrics within that timeframe.

Special Purpose Entity (SPE)

An entity established and licensed by the Capital Market Authority under the Rules for Special Purposes Entities, to issue debt instruments or investment units, enjoying independent financial liability and legal personality.

Approval

Formal authorization or consent for a proposed financial transaction, investment, or business decision.

Resource

Economic assets such as capital, labor, and raw materials.

Distributor

A person charged with offering units of an investment fund in the Kingdom, in accordance with the Investment Funds Regulations and the Real Estate Investment Funds Regulations.

Expropriation for Public Benefit

Compulsory acquisition of properties owned by either an individual, a private entity or a government authority for the purpose of establishing or expanding public facilities and services to achieve public benefit.

Showing 961 to 980 of 1,886 entries.

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