kingdom budget landing image

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

Peer-to-Peer Lending

A decentralized financial system where individuals lend and borrow directly from each other.

Payment Mechanism

Contractual arrangements through which the Private Party is compensated in a Public-Private Partnership (PPP) project. This mechanism outlines the timing, amount, and conditions under which payments will be made.

Trusts

Amounts owed to third parties by the government body.

Compliance

To meet all commitment requirements, either mandatory requirements such as: legislation, regulations or optional requirements such as: internal policies of the entity and standards of the sector.

Production of Excise Goods

Any activity in Saudi Arabia involving the manufacture, cultivation, or changing of components of excise goods to the extent that makes it subject to tax.

Liability

Financial obligations and debts owed by an individual, institution, or entity that usually require repayment or fulfillment.

Decline

A reduction in value, performance, or economic activity. It may indicate a negative trend or change.

Asset-Backed Security (ABS)

A financial instrument backed by a pool of assets, such as loans or receivables, which generate cash flow.

Chargeable Revenue

The revenue collected and deposited into the state treasury

Direct Revenues

Revenues accrued to the entity from its primary activity, as authorized under its governing regulations and executive bylaws.

Aggregate Expenditure

The total spending on an economy’s goods and services within a specific period, including consumption, investment, government spending, and net exports.

Tax Revenue

Revenue collected through taxation.

Aggregate Revenues

It is the total amount collected from oil and non-oil revenues, including returns from rents, taxes, fees, investment, and returns on assets.

Primary Seller

A financial institution authorized to participate in government bond auctions and conduct market operations on behalf of a central bank or government.

Business Environment

External and internal factors affecting a company's operations, such as regulations, competition, and economy.

Central Bank

The primary financial institution responsible for managing a country's money supply, interest rates, and often, overseeing the banking system's stability.

Infrastructure

Public utilities or assets that directly or indirectly provide public services.

Selling

Selling the security for consideration, or surrendering, assigning, or converting its rights, or assuming any liability arising from it.

Purchase Order Date

Purchase Order Date, the date on which a purchase order is issued to a supplier or vendor, specifying the items, quantities, and terms of the purchase.

Date of Quotation Letter

The date of sending the quotation letter to the entity.

Showing 441 to 460 of 1,886 entries.

Visitors

Searches

Last Modified Date: At Saudi Arabia Time
Was this page useful?

: 0 / 280

Please select at least one option.
(Read Only)

: 0 / 250

: 0 / 280

Please select at least one option.
(Read Only)

: 0 / 250