Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Cybersecurity Resilience
An organization's ability to withstand and recover from cyber events.
Cross Elasticity of Demand
A measure of how the demand for one product changes in response to a price change in another product.
Substantial Shareholder
A person holding (5%) or more of the class of shares of the issuer.
Key Private Sector Participation (PSP) Projects
Projects whose full implementation achieves all the objectives of the privatization plan, and failure to implement them will result in failure to achieve those objectives.
Main Private Sector Participation (PSP) Projects
Projects whose full implementation will achieve most of the privatization plan’s targets, and failure to implement them will result in a failure to achieve those targets.
Payable Fees for Foreign Dependents
An expatriate levy on all foreign nationals in Saudi Arabia who are sponsoring dependents.
Subcontractor
A contractor who is awarded some works of the contract by the main contractor after the approval of the government entity.
Control of Corruption
An evaluation of the presence or absence of corrupt practices within a country's government and institutions, which can impact transparency and economic performance.
Project Management Office
An organizational entity established within a government entity to plan and manage its project portfolio, contributing to the achievement of its strategic objectives.
Discount Rate
The interest rate used to determine the present value of future cash flows in finance and central banking.
Negative Interest Rate
A monetary policy tool where interest rates are set below zero to encourage spending.
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