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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

Inherent Risk

The level of risk associated with a particular investment, asset, or activity due to its nature or characteristics.

Unhedged Risk

Risk that has not been mitigated or offset through financial instruments or strategies, leaving the entity exposed to potential losses.

Cashless Society

An economic system where financial transactions are conducted digitally without physical cash.

Fund Board

A board whose members are appointed by the fund manager in accordance with the Investment Funds Regulations and the Real Estate Investment Funds Regulations, to monitor and supervise the work of the relevant fund manager.

Focus Group

A small or diverse group of individuals is brought together to discuss and provide insights on a specific topic, product, service, or concept.

Five-Year Portfolio

All capital investments required by an entity to achieve its objectives over the next five years, including work components.

Domestic

Relates to activities, entities, or transactions that occur within a specific country's borders or involving residents or entities of that country.

Control Risk

The risk that a company's internal controls and procedures may not prevent or detect material errors or fraud in financial reporting. It is assessed in audits.

Default risk

The probability that a borrower will fail to meet their debt obligations.

Settlement Risk

Failure of the subscriber to pay the value of the debt instrument or convertible debt instrument issued.

Customs Broker

A natural or legal person licensed to carry out customs clearance work on behalf of others.

Contract Duration in Days

The contract period recorded on the system after converting it into days.

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