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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

Average Time to Maturity (ATM)

A measure used in fixed-income securities, representing the average time for the principal of a bond to be repaid to investors.

Innovative Initiative

A forward-thinking project or program focused on new ideas, technologies, or methods.

Depreciable Amount

The cost of an asset, or other amount substituted for cost, less its residual value.

Collected Amount

The amounts collected from the government body during the specified period.

New Home Sales

The number of newly constructed homes that have been sold within a specific reporting period, often used as an economic indicator.

Sales Through Channels

Are sales facilitated through third parties instead of directly through a company’s sales team. These third parties may be agencies, influencers, or distributors.

Average Deal Size

It is used as a key performance indicator in SaaS companies and measures the average amount that customers spend on a single contract or deal for a solution or service.

Total Value of Taxable Supplies

The total value of taxable supplies of a Saudi resident during a twelve-month period.

Portfolio

A collection of investments, assets, or financial instruments, such as stocks, bonds, or real estate, held by an individual or organization to achieve specific financial goals.

Cloud Technology Stack

Layered architecture of technologies essential for implementing cloud computing services.

Reinvestment Risk

The risk that future cash flows from an investment or security will need to be reinvested at a lower interest rate, potentially leading to lower returns.

Cyber Risks

Risks related to potential unauthorized access, use, disclosure, disruption, modification, or destruction of information and information systems.

Inherent Risk

The level of risk associated with a particular investment, asset, or activity due to its nature or characteristics.

Unhedged Risk

Risk that has not been mitigated or offset through financial instruments or strategies, leaving the entity exposed to potential losses.

Cashless Society

An economic system where financial transactions are conducted digitally without physical cash.

Fund Board

A board whose members are appointed by the fund manager in accordance with the Investment Funds Regulations and the Real Estate Investment Funds Regulations, to monitor and supervise the work of the relevant fund manager.

Focus Group

A small or diverse group of individuals is brought together to discuss and provide insights on a specific topic, product, service, or concept.

Five-Year Portfolio

All capital investments required by an entity to achieve its objectives over the next five years, including work components.

Domestic

Relates to activities, entities, or transactions that occur within a specific country's borders or involving residents or entities of that country.

Control Risk

The risk that a company's internal controls and procedures may not prevent or detect material errors or fraud in financial reporting. It is assessed in audits.

Default risk

The probability that a borrower will fail to meet their debt obligations.

Settlement Risk

Failure of the subscriber to pay the value of the debt instrument or convertible debt instrument issued.

Customs Broker

A natural or legal person licensed to carry out customs clearance work on behalf of others.

Contract Duration in Days

The contract period recorded on the system after converting it into days.

Auditor

A professional responsible for examining and verifying financial records, transactions, and statements to ensure accuracy and compliance.

Brief

Written legal documents presented to a court, outlining the facts, arguments, and legal principles of a case.

Storehouse

The building or place intended for the temporary storage of goods pending their withdrawal under one of the customs procedures whether such place/building is directly administered by the Administration or by the official public agencies or the investors.

Reinforced Provision

The disbursement of funds for a purpose for which no budget line has been allocated, by using another approved budget item.

Payment Order Duration in Days

The duration of the payment order in days from the date of approval of the payment order by the financial controller until the date of its disbursement.

Standstill Duration

The period of waiting for the request to be paid, or the payment for a person until being approved then moving to the next stage in the chain of procedures, or it is returned again for amendment by the entity, or completely rejected.

Duration

A measure of the sensitivity of a bond's price to changes in interest rates. It reflects the weighted average time it takes to receive a bond's cash flows.

Contract Term

The term of the contract registered in Etimad.

Listed

In relation to any type of securities, means the securities admitted to listing on the Exchange.

General Government Interest Payment

The costs incurred by the government for servicing its outstanding debt by paying interest to bondholders or lenders.

Foreign Fund Manager

A person operating outside the Kingdom and working as a manager of a foreign fund.

Portfolio Manager

An employee of a Capital market institution who performs management activities on behalf of the financial market institution with a client or on behalf of a client.

Post-Implementation Audit

An examination or review conducted after a project, financial transaction, or process has been completed to assess its performance, accuracy, and compliance with established standards

Mid-Year Review

An evaluation or review of an organization's or project's performance, usually conducted midway through the fiscal year.

Credit Watch

A notice from a credit rating agency indicating that a credit rating is being monitored for potential changes, but a final decision has not yet been made.

Operational Monitoring

Continuous monitoring, measurement, and evaluation of financial processes, systems, or activities to ensure their effectiveness and compliance.

Quality Control

The systematic process of ensuring that products or services meet specified quality standards and are free from defects or errors.

Consignee

The recipient to whom goods are physically delivered by a supplier or consignor.

Rating Watch

A status assigned by credit rating agencies when they are considering a possible change in the credit rating of an entity. It indicates that a rating review is underway.

Investment Grade

A credit rating that indicates a low level of credit risk. Securities or entities with investment-grade ratings are considered relatively safe for investors, and they typically have lower interest rates or yields.

Public Tendering

Awarded the lowest offers, in conformity with the terms and conditions.

Electronic Reverse Auction (ERA)

An electronic method for presenting successively reduced offers during a specified period, in order to choose the best price offers.

Liability

Any liability, loss, damage, claim or expense of any kind or nature, whether direct, indirect, consequential or otherwise.

Trajectory

The path or direction of an entity's development, progress, or performance over time, often used in financial projections and analysis.

Sectoral Contribution

The role a specific industry plays in a country’s GDP and economic development.

Sophisticated Investor

An investor with the financial competence and high ability to understand and bear the risks of difficult investments.

Previous Years Dues

Dues payable in which all their legal procedures are completed but have not been disbursed since the end of the last fiscal year.

Investment Advisor

An employee of a Capital Market Institution who performs the activity of advising on behalf of a Capital Market Institution with or for a client.

Registration Document

The document required for the registration of shares with the Capital Market Authority (CMA) for direct listing on the Parallel Market pursuant to the Rules on the Offer of Securities and Continuing Obligations.

Offer Document

The offer document that the offeror is required to prepare and publish in relation to an offer, in accordance with Article 38 of the Merger & Acquisition Regulations.

Income Elasticity of Demand

A measure of how demand for a good changes in response to changes in income.

Cloud Service Provider (CSP)

Provider of public cloud computing services and data center management.

Customs Approved Route

Any road, railway, waterway, airway and any other route (pipeline, etc.), which must be used for the importation, Customs transit and exportation of goods.

Customs Broker Assistant

A natural person licensed to perform the administrative functions of customs clearance activity and follow up the customs actions on behalf of the customs broker.

Angel Investor

High-net-worth individuals with extensive business and investment experience provide personal capital to early-stage startups in exchange for equity stakes or convertible debt instruments.

Privileged User

Authorized user trusted to perform security-relevant functions that ordinary users cannot.

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