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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
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Most searched terms

Credit Score

A numerical representation of an individual's creditworthiness, typically ranging from 300 to 850 in the United States. It is based on an analysis of a person's credit history, including their payment history, credit utilization, and other factors.

Contactless Payment

Transactions made using RFID or NFC technology without physical contact with a payment terminal.

Advance Payment

A payment made by the government body to the contractor or supplier before commencing business, against a guarantee provided by the contractor of supplier.

Intellectual Capital

The knowledge, skills, and expertise that contribute to the value of an organization.

Operation Profit

A measure of a company's profitability calculated by subtracting operating expenses from gross profit, reflecting the earnings generated from core business activities.

Public Debt

The total financial obligations incurred by the government through borrowing from domestic or foreign entities to finance budget deficits or to fund development and investment projects, which are to be repaid in the future according to specific terms and conditions.

Insights

Valuable understandings or perceptions gained from data analysis, research, or observation, providing guidance or information for decision-making.

Project Sponsor

The entity or person who approves the use of the financial and human resources in the project implementation process.

Customs Duties

Taxes or duties imposed on imported or exported goods.

Affiliate Program

An organized system that enables affiliates to drive traffic to your properties through tracked links, and earn a cut when that traffic converts.

Training Program

A comprehensive set of educational activities and resources designed to impart specific skills, knowledge, or competencies to participants.

Net Zero Emissions

The balance between the amount of greenhouse gas emissions produced and the amount removed from the atmosphere. Achieving net-zero emissions means minimizing emissions and offsetting them through various means, like carbon credits.

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