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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

Global Slowdown

A slowdown in the pace of global growth.

Fair Trade

A movement promoting ethical trade practices, ensuring producers (especially in developing countries) receive fair wages and work in safe conditions.

Outperformed

An entity, investment, or asset that has performed better than expected or outpaced its peers in terms of returns or financial results.

Digital Experience (DX)

The overall perception and interaction users have when engaging with digital products, services, platforms, or channels.

Beneficiary Cross Channel Experience

The overall interaction and continuity that beneficiaries experience when they engage with multiple channels or platforms such as website, mobile app, or social media accounts.

B2C Beneficiary Experience

The experience while and after using the service and further interactions.

Post Qualification

After selecting the best quotation, the government entity shall verify that the bidder has the necessary qualifications and capabilities to carry out the work or secure the purchases before awarding the contract.

Account Date

It indicates the date used for settlement.

Payroll Upload Date

Date of listing the payroll on payment system.

Date of Opening Offers

Examination date of all offers that have been received by the government body and in the presence of the competitors and the values of the offers should be announced publicly to ensure transparency.

User Experience (UX)

The overall experience that users have when interacting with a product, system, or service, aimed at ensuring that the user’s interaction is meaningful, efficient, and satisfying.

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