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Unsolicited Proposals
A proposal relating to a privatization project that was not submitted in the context of a request for proposals.
Service Request
A request from a beneficiary to obtain a specific service or assistance. This may include requests for technical support, maintenance, or any other services provided.
Inelastic Demand
When the quantity demanded of a good does not change significantly with price fluctuations.
Durable Goods Orders
Requests for long-lasting consumer or industrial products, such as appliances or machinery, which can indicate economic activity and trends.
Number of Transactions
The number of transactions for payment that have been made during the specified period.
Number of Transactions Before Settlement
The number of payments made to the entity before amounts are settled.
Beneficiary-Centric Value Offering
Articulating the unique value that the product or service provides to meet customer needs.
Quotation
A statement or estimate of the price, cost, and terms for products, services, or securities, used in negotiations, sales, and procurement.
Fund Member of Administrative Board
A natural person appointed as a member of a fund board of an investment fund in accordance with the Investment Funds Regulations and the Real Estate Investment Funds Regulations.
Member of Administrative Board
For a joint stock company, this includes members of the board of directors, and for any other company, this includes any director or other senior official whose duties include developing and implementing the company's strategic decisions.
Investment Property
Real estate (land or a building – or part of a building – or both) held by an entity to earn rents or in anticipation of an increase in its value, or for both reasons.
Overseas Properties
State Properties that are outside the Kingdom of Saudi Arabia.
Constructionally Developed Real Estate
The real estates that are developed and ready for use and which fulfills the regulatory requirements, including residential, commercial, industrial, agricultural real estates and other types of real estates.
Unified Lease Contract
The standardized property lease contract form approved by the State Properties General Authority.
Aggregate Supply
The total quantity of goods and services that producers in an economy are willing to supply at different price levels.
Supply and Demand
The fundamental economic principle determining prices based on availability and consumer demand.
Non-Executive Board Member
In the Capital Market Institutions Regulations, a member of the board of directors who is not full-time managing the Capital Market Institution and does not participate in its daily activities.
Government Properties
All state-owned lands and buildings, both inside and outside Saudi Arabia, that are not privately owned and have an official title deed.
Ancillary Contract
A contract relating to a Private Sector Participation (PSP) contract which is necessary for the execution of a PSP project and which is concluded on behalf of the government with a private party or a third party.
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