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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

Certificate of Completion

A document shows the completion of required works.

Hedge Fund

A pooled investment fund that uses advanced strategies to maximize returns.

Preventive Maintenance

A type of asset maintenance based on planned or program-specified maintenance, scheduled for execution at predetermined time intervals.

Withholding Tax

A tax imposed on specific types of income, such as salaries and wages, dividends from stocks and bonds, etc., and is withheld by the entity paying the income (such as an employer, bank, or tenant) before the net amount is delivered to the beneficiary.

Exchange Traded Fund

An index fund that tracks a specific index or a portfolio of assets, whose units are traded on the Main Market or the Parallel Market.

Direct Tax

A tax imposed directly on the taxpayer, such as income tax.

Weakness

Weakness in computer systems, software, or procedures exposing them to cybersecurity threats.

Primary Guarantee

A guarantee submitted by the contractor or supplier to assure the government entity his seriousness to do the project or the work.

Return to Maturity (RTM)

The total return expected on a bond if held until maturity.

Macroeconomic Factor

Large-scale economic factors like inflation, unemployment, and GDP growth that affect the overall economy.

Current Account Deficit

A situation where a country's total imports of goods, services, and transfers exceed its total exports.

Forward Contract

A financial agreement to buy or sell an asset at a set price on a future date.

Money Supply (M3)

Currency in circulation outside banks plus demand deposits + time and savings deposits + other quasi-monetary deposits.

Murabaha Contract

A type of Islamic finance, also known as cost-plus financing, in which the seller and the buyer agree on the cost and profits of the material asset.

Derivative

A contract for differences, a future or an option.

Continuing Implementation Contracts

Continuing contract is a contract calling for periodic such as operating, maintenance, fuel and subsistence contracts.

Risk Premium

An additional return that investors require above the risk-free rate to compensate them for more risky investments.

Surplus

An excess or positive balance of resources, assets, or funds beyond what is needed to meet immediate obligations or requirements.

Money Laundering

The process of disguising illegally obtained money as legitimate funds.

Grace/ Allowing Period

A specific timeframe during which a borrower is granted an extension or delay in making a scheduled payment, often without incurring penalties or additional interest charges.

Showing 341 to 360 of 1,886 entries.

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