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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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Most searched terms

Adjustable-Rate Rider

A loan provision allowing interest rate adjustments based on predefined terms, commonly in mortgage agreements.

Tax Representative

A person residing in Saudi Arabia who represents a non-resident taxable person in all matters related to Value Added Tax (VAT), and he shall be responsible, together with the taxable person, for the payment of any financial obligations related to VAT.

Social Security Benefits

Current transfers to households and individuals to meet needs arising from events. These benefits may be paid in cash or in kind.

Small- and Medium- Sized Enterprises (SMEs)

Businesses with a limited number of employees and moderate revenue.

Issue Profile

Provides information about a specific financial instrument or security, including its characteristics, terms, and features.

Abusive Practice

An unfair or unethical financial or business practice that exploits consumers or market conditions.

Curve

A graphical representation of data points or yields, such as the yield curve, which displays interest rates for a range of maturities, helping assess market expectations.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded.

Sales Representative

An employee of a capital market institution who performs the activities of dealing or arranging on behalf of a capital market institution with or for a client.

Permanent Establishment (PE)

A place of business for the non-resident through which he carries out his business, wholly or partly. This includes the business carried out by the non-resident through his agent.

Disbursement for a Specific Year

Appropriations that have been spent within a specific year.

Special Economic Zone

Designated areas offering tax incentives and regulatory benefits to attract investment.

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