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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

Escrow Account

A secure, third-party account that holds funds or assets until specific conditions are met, commonly used in real estate, business transactions, and legal settlements.

Share of GDP Per Capita

The proportion of GDP allocated per individual in a country. It is calculated by dividing the country's GDP by its population. This indicator is used to measure the standard of living of individuals in the economy.

Corporate Governance

The system of rules, practices, and processes used to direct and control a company.

Fiscal Space

The amount of financial resources a government possesses and the level of spending it can sustain without harming economic stability or increasing debt unsustainably.

Disbursement Plan

Check and sort out the existing payment orders and priorities of exchange based on the available liquidity.

Self-Control

A control approach in which the entity is responsible for overseeing its financially significant operations through its personnel, in accordance with internal control procedures that are evaluated and approved.

Proceeds

Revenue generated from the exploitation of naturally occurring assets.

Broker

An employee of a Capital Market Institution who performs the activity of dealing on behalf of a Capital Market Institution.

Financial Liquidity

The availability of government funds or financial resources that can be readily allocated or used for various purposes.

Purchasing

Includes buying a security or commodity for consideration.

Public-Private Partnerships (PPP)

Collaborative arrangements between public sector entities and private businesses to jointly undertake projects, services, or infrastructure development.

Reclassification Net

The difference between the transferee to and the transferee from reclassifications made to the government entity, which should be zero.

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