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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

Private Sector Participation (PSP) Project

A Public-Private Partnership (PPP) project, a Divestment Project, or both, depending on the context.

Actual Disbursements

Actual disbursement of the entity's financial provisions during the current fiscal year.

Profit Margin

A financial metric that shows the percentage of revenue that remains as profit after expenses.

Royalty

Payment or payments received for the use of or the right to use intellectual rights, including, but not limited to, copyright, patents, designs, industrial secrets, trademarks and trade names, know-how, trade and business secrets, goodwill, and payments received against the use of information related to industrial, commercial or scientific expertise, or against granting the right to exploit natural and mineral resources.

Debt Instrument

Tradeable instrument creating or acknowledging indebtedness issued by companies, the government, public institutions or public organizations.

Indirect Financial Impact

The financial benefits resulting from initiatives that help avoid future costs, without directly affecting approved budget items.

Amortization

The systematic allocation of the depreciable amount of an intangible asset over its useful life.

Mortgage-Backed Security (MBS)

Investment financial instruments backed by a pool of mortgage loans that are bundled together and converted into tradable securities in financial markets.

Financial Technology (Fintech)

New technology that seeks to improve and automate the delivery and use of financial services.

Final Guarantee

A guarantee submitted by the contractor or supplier, whom the competition has been awarded, to prove to the government entity that it is willing to do the work according to the terms of the contract.

Net Book Value

The carrying value of capital assets as reported on the commercial books, according to the accounting principles generally accepted in the Kingdom.

Contract Value

The costs of the registration of contract in Etimad (the costs of the original contract in new contracts, or the remining of the contract costs when registered on Etimad for existing contracts).

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