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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

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

Global Shock

Sudden global disruptions, such as financial crises, pandemics, geopolitical conflicts, as well as natural disasters and developments in climate change.

Explicit

Something that is clearly and openly stated, expressed, or defined without ambiguity or vagueness.

Exchange Deal

Financial contracts in which two parties agree to exchange cash flows or financial instruments, often used for managing interest rate or currency risk.

Worker Data Boxes

A system for organizing and analyzing workforce-related data for decision-making.

Sovereign Wealth Fund

A Government-owned investment fund derived from surplus revenues.

Predictive Maintenance

Utilizing technologies and devices to forecast failures, determine the timing of required maintenance, or both.

Property Tax

A tax levied on real estate by local governments.

Deductible Input Tax

Input Tax that may be deducted from Tax Due on supplies for each Tax Period in accordance with the Agreement and Local Law.

Output Tax

The tax due and chargeable on any taxable supply of goods or services made by a taxable person. This is usually collected by the person making the supply.

Sales Tax

An indirect tax imposed on the sale of goods and services to the final consumer. It is usually collected by the seller at the point of sale and then remitted to the government.

Property Collateral

An asset or property offered as security for a loan or credit arrangement. It serves as a backup source for repayment in case the borrower defaults.

Limited Offer

Offering securities to a limited class of investors.

Private Party

A private legal person that is party to a privatization contract with the government.

Ownership Request

A request that has not previously received a final verdict.

Aggregate Demand

The total demand for goods and services in an economy at a specific price level during a defined period of time.

Request submission to Risk Department

The formal submission of a request for an extension of the target date for implementing corrective actions, along with justification.

Feeder Fund

An investment fund whose primary investment objective is to invest all of its assets in another investment fund.

Capital Protected Fund

An investment fund whose primary investment objective is to protect and return the capital invested by unitholders at a pre-determined date in the future.

Policymaking

The process of creating, implementing, and adjusting policies, rules, or regulations by government authorities, organizations, or institutions to address various issues.

Corrective Maintenance

Activities carried out on a system, equipment, or structure as a result of partial or physical failure.

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