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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

Transit Zone

Territories of the contracting parties to the Agreement on the Regulation of Transit Transport among Arab countries.

Methodology

The systematic and structured approach or set of methods used to conduct research, analysis, or studies in a specific field.

Abandoned

Financial assets or property left unclaimed by their rightful owner or their heirs, often because of the economic impracticality of claiming them or as a result of financial negligence.

Specifications

Detailed specifications for the items of bill of quantities, for example (conforming to the Saudi standard specifications or equivalent).

Global Inflationary Wave

Rising inflation across multiple countries due to supply chain issues, demand shifts, or monetary policies.

Qualified Supplier

Classification of the supplier in terms of its eligibility to award the bidding.

External Creditor Position

A country's position as a net creditor or debtor to other nations in terms of external financial obligations, including external debt and assets.

Economic Competitive Advantage

A sustainable competitive advantage that protects a business from competitors and ensures long-term profitability.

Comparative Advantage

The ability of a country or company to produce goods at a lower opportunity cost than others.

Actual Taxable Use Percentage

It refers to the taxable usage of a Capital Asset during a twelve-month period, as a portion of total usage during that twelve-month period. This percentage is compared to the Initial Recovery Percentage to determine if an adjustment is required.

Collection Ratio

The percentage of the collected amounts from each payment channel from the total collected amounts.

Loan-to-Value Ratio (LTV)

A ratio that compares the loan amount to the appraised value of the property being purchased, often used in mortgage lending.

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