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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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Most searched terms

International Monetary Fund (IMF)

An international organization aimed at enhancing monetary cooperation, promoting trade expansion, and fostering sustainable economic growth among member countries.

Controls

Measures, policies, and procedures implemented by institutions to manage and mitigate risks, to ensure the integrity and reliability of financial information.

Return on Investment (ROI)

A financial metric that evaluates the profitability of an investment relative to its cost. It is widely used in business and finance to assess the success or effectiveness of an investment by comparing the gains or benefits to the initial investment.

Money Supply (M1)

Currency in circulation outside banks plus demand deposits.

Liquidity Premium

The additional return required by investors for holding less liquid assets, which are harder to buy or sell quickly.

Consolidated Financial Statements

The financial statements of an economic entity in which the assets, liabilities, net assets/equity, revenue, expenses and cash flows of the controlling entity and its controlled entities are presented as those of a single economic entity.

Investor

A person who is eligible by virtue of relevant laws and regulations to practice business and investment activities.

Growth Rate

The percentage increase in economic indicators like GDP or investments over a period.

Public Tender

Inviting all suppliers and contractors without specification to bid to fulfill the needs of the government entity.

Actual Revenue Ratio of Estimated

The total revenues expected to be collected during a given future period to come.

Public Expenditures

Accounts (items) that have an economic classification, but do not have a subaccount number.

Marginal Propensity to Consume (MPC)

The percentage of additional income that a household spends instead of saving.

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