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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

Green Bonds

A type of bond used to finance environmentally friendly projects. The issuer commits to using the bond proceeds for projects with positive environmental impacts.

Investment-Grade Bonds

Bonds rated relatively high by credit rating agencies, suggesting a high likelihood that the issuer will meet its financial obligations (interest and principal), and carrying relatively lower risk compared to lower-rated bonds.

Primary Market

The market where newly issued securities, such as stocks and bonds, are bought and sold for the first time, typically through initial public offerings (IPOs) or bond issuances.

Usability

Usability refers to the ease with which users can effectively and efficiently interact with a product, system, or service to achieve their intended goals. It is a fundamental aspect of user experience (UX) design, emphasizing how user-friendly and accessible a design is.

Duty-Free Market

The licensed building or place wherein goods are placed free of customs duties for purposes of display or sale.

Parallel Market

The market of Exchange where shares, that have been registered and offered pursuant to Part 8 of the Rules on the Offer of Securities and Continuing Obligations, are traded.

Capital Market

A financial market for buying and selling long-term securities like stocks and bonds.

Contractionary Fiscal Policy

A policy aimed at reducing government spending or increasing taxes to slow down the economy and reduce inflation.

Workflow

A defined sequence of tasks, processes, or steps that need to be completed in a specific order to achieve a particular goal or outcome.

Purchase of Tax Stamps

Obtain tax stamps by requesting them according to the Zakat, Tax and Customs Authority's form, provided that specific criteria are met, before the excise goods are released for consumption.

Distribution Channel Partnerships

When the vendor uses a partner to resell, manage, and/or deliver the product to end customers.

Capital Company

By this definition, capital companies include joint-stock companies, limited liability companies, and limited liability company with shares. Investment funds are considered capital companies for the purposes of income tax law.

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