kingdom budget landing image

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

Status of Offers

The status of the financial and technical offers that are submitted by contractors or suppliers to the government body in accordance with the tender specifications to obtain the competition.

Payroll Implementation Status

It indicates the status of the implemented, either as a new or returned from the government body, or returned to it.

Payroll Payment Status

The condition of the payroll in terms of completing the process of payment.

Production Volumes

The quantity of goods or services produced by a business or industry within a specific time period, typically measured in units or volume.

Reservations Up to Date

All obligations based on the project, whether they are contracts, bills, or salaries.

Domestic Traffic

The transport of goods carried within the territory of a State for discharge in a place within the territory of the State itself.

Client Account

An account at a local bank which is in the name of a Capital Market Institution and fulfils the conditions required by the Client Money Rules.

Nostro Account

A foreign bank account through a local bank branch in foreign currency. It facilitates payments in foreign currencies to beneficiaries outside the Kingdom.

Crowdsourcing

The process of obtaining ideas, services, or funding from a large group of people, typically via the internet.

Harvesting Tax Losses to Reduce Tax Liabilities

Selling investments at a loss to offset taxable gains and reduce tax liabilities.

Tariff Quota

Any pre-set value or quantity, authorized for importation or exportation of given goods, during a specified period, with a reduction of the Customs duties, and beyond which any additional quantity of these goods can be imported or exported by paying normal Customs duties.

Ownership Right

The right to which a right owner is entitled to all the benefits of this right in a specific way, including the right to use, utilize and dispose of.

Showing 1,309 to 1,320 of 1,886 entries.

Visitors

Searches

Last Modified Date: At Saudi Arabia Time
Was this page useful?

: 0 / 280

Please select at least one option.
(Read Only)

: 0 / 250

: 0 / 280

Please select at least one option.
(Read Only)

: 0 / 250