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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

Unsolicited Proposals

A proposal relating to a privatization project that was not submitted in the context of a request for proposals.

Service Request

A request from a beneficiary to obtain a specific service or assistance. This may include requests for technical support, maintenance, or any other services provided.

Inelastic Demand

When the quantity demanded of a good does not change significantly with price fluctuations.

Durable Goods Orders

Requests for long-lasting consumer or industrial products, such as appliances or machinery, which can indicate economic activity and trends.

Number of Invitations

The number of suppliers of each invitation.

Number of Transactions

The number of transactions for payment that have been made during the specified period.

Number of Transactions Before Settlement

The number of payments made to the entity before amounts are settled.

Beneficiary-Centric Value Offering

Articulating the unique value that the product or service provides to meet customer needs.

Quotation

A statement or estimate of the price, cost, and terms for products, services, or securities, used in negotiations, sales, and procurement.

Fund Member of Administrative Board

A natural person appointed as a member of a fund board of an investment fund in accordance with the Investment Funds Regulations and the Real Estate Investment Funds Regulations.

Member of Administrative Board

For a joint stock company, this includes members of the board of directors, and for any other company, this includes any director or other senior official whose duties include developing and implementing the company's strategic decisions.

Investment Property

Real estate (land or a building – or part of a building – or both) held by an entity to earn rents or in anticipation of an increase in its value, or for both reasons.

Overseas Properties

State Properties that are outside the Kingdom of Saudi Arabia.

Constructionally Developed Real Estate

The real estates that are developed and ready for use and which fulfills the regulatory requirements, including residential, commercial, industrial, agricultural real estates and other types of real estates.

Unified Lease Contract

The standardized property lease contract form approved by the State Properties General Authority.

Aggregate Supply

The total quantity of goods and services that producers in an economy are willing to supply at different price levels.

Supply and Demand

The fundamental economic principle determining prices based on availability and consumer demand.

Non-Executive Board Member

In the Capital Market Institutions Regulations, a member of the board of directors who is not full-time managing the Capital Market Institution and does not participate in its daily activities.

Government Properties

All state-owned lands and buildings, both inside and outside Saudi Arabia, that are not privately owned and have an official title deed.

Ancillary Contract

A contract relating to a Private Sector Participation (PSP) contract which is necessary for the execution of a PSP project and which is concluded on behalf of the government with a private party or a third party.

Long-Term Insurance Contract

Any long-term insurance contract that spans an extended time period, encompassing all contracts specified by the Capital Market Authority (CMA).

Contract for Differences

Any contract for differences or any other contract whose express or intended purpose is to secure a profit or avoid a loss resulting from fluctuations in the value or price of any asset of any description, or an index or other factor specified for that purpose in the contract.

New Contract

A contract that has been registered / approved on Etimad and is disbursed through the platform.

Compensating Contract

The contract that gives rise to a free and voluntary obligation between the contracting parties to perform their counterpart obligations by taking and bidding to own an item, to utilize a benefit, a service, or to acquire a financial right.

Barter Contract

A contract whereby there is an obligation on each of the contracting parties to transfer to the other, by exchange, the ownership of a money that is not money.

Economic Sanction

Restrictions imposed by one country (or group of countries) on another to influence political or economic behavior.

Supply Contracts

A contract concluded between the entity and supplier to supply certain commodities as per the entity's needs.

Estimated Useful Life

The expected period of time of the capital asset during which the asset is available for use by the taxable person in his economic activities.

Currency

The unit of exchange in which the contract is registered.

Quote Currency

The currency that is used to define the value of one unit of another currency, also known as the counter currency.

Deleted Payment Process

Any payments whose fees were not included in the total amount that have been deducted during the period.

Retail Client

Any client who is not a qualified client or an institutional client.

Customer

In the Authorized Persons Regulations, means a client who is not a counterparty, whether it is an individual or a juristic person.

Rating Factors

Factors, conditions, or elements that influence the credit rating of an entity or security, such as financial health, industry trends, and economic conditions.

Globalization

The increasing interconnectedness of economies, cultures, and markets through trade, technology, and investment.

Prepayment Penalty

A fee charged by lenders when a borrower repays a loan before the due date.

Unconditional as to Acceptances

In the Merger and Acquisition Regulations, that the offer is no longer conditional upon receipt by the offeror of acceptances from the shareholders of the offeree company.

Cryptography

Rules, principles, and methods for securing data and information by encoding it in a particular form.

Useful Life

The period over which an asset is expected to be available for use by an entity.

Fieldwork

Involves collecting data, conducting investigations, or performing on-site examinations to gather relevant information or evidence.

Showing 1,481 to 1,520 of 1,886 entries.

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