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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

Overrun of Item

Insufficient liquidity on the item for the payment order value.

Rebalancing Portfolio

Adjusting asset allocations in a portfolio to maintain desired risk levels.

Customer-Centric Innovation

Developing products, services, or solutions based on customer needs, feedback, and preferences.

Closed Framework Agreement

A formal agreement between one or more government entities and suppliers or contractors, containing the conditions and regulations of the contract, where no additional suppliers or contractors may join once the agreement has been concluded.

Open Framework Agreement

A formal agreement between one or more government organizations and suppliers or contractors, containing the conditions and regulations of the contract, which allows additional suppliers or contractors to join during the term of the agreement.

Shareholders Agreement

The document that the special purpose vehicle (SPV) equity providers enter into, setting out how they will work together to manage it.

Short-Term Treasury Bills

Short-term government debt securities that mature in one year or less, aimed at managing liquidity, with low risk and limited returns.

Economic Performance

A measure of an economy’s efficiency, stability, and capacity for growth over a specific period, typically assessed on an annual basis.

Financial Instrument

Any contract that creates a financial asset for one party and a financial liability or equity instrument for another party.

Enterprise Risk Management (ERM)

A systematic approach to identifying, assessing, and managing risks across an entire organization to achieve business objectives and protect assets.

Long-Term Treasury Bills

Long-term government debt securities that mature in more than one year, offering higher returns to compensate investors for the risks associated with the longer duration.

Bidding Name

The registered in the Etimad Platform by the owner (the government entity).

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