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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

Secured loan

A loan that requires collateral, such as a house or car, to secure the debt.

Coupons

Periodic interest payments made to bondholders by the issuer of a bond. They are a fixed percentage of the bond's face value and are paid at specified intervals.

Ability to Repay

A metric used to evaluate a borrower's capacity to meet debt obligations based on income and liabilities.

Appointment Decision

A decision issued by government body to hire an employee.

Section

It is represented by three digits of the entity code, which identifies the name of the main department in the entity.

Affiliate Department

It represents the last three digits of the entity code representing the name of the department that falls under a specific department in the entity.

Sector

The main sector of the entity, for example: the health sector, the education sector, etc.

Economic Sector

Different areas of the economy (primary, secondary, tertiary) based on the nature of the goods and services produced (e.g., agriculture, manufacturing, services).

Private Sector

The part of the economy that consists of privately- owned businesses, non-governmental organizations, and individuals engaged in various economic activities.

Channel

The mechanism adopted by the government entity in raising the payroll to the system of employee’s financial rights.

Digital Channel

A multichannel approach to provide a seamless, consistent experience using different digital channels throughout service delivery.

Customer-Centric Leadership

A leadership approach that focuses on understanding customer needs and user experience, prioritizing them in all business strategies and decisions within the financial sector

Cash Surrender Value

The amount a policyholder receives if they cancel a life insurance policy before maturity.

Purchase Value

The cost paid to the Supplier for the Asset itself, and other capitalized expenditure on that Asset.

Face Value Voucher

A voucher which is issued with a specific monetary redemption value indicated on the voucher or in related documentation.

Judicial

Matters, processes, or entities related to the legal system, including courts, judges, and legal proceedings.

Labor Force

The total number of individuals who are either employed or actively seeking employment within an economy or specific area.

Entity-Specific Value

The present value of the cash flows an entity expects to arise from the continuing use of an asset and from its disposal at the end of its useful life or expects to incur when settling a liability.

Customer Lifetime Value

The expected value that the company anticipates earning from the customer throughout their relationship.

Asset Residual Value

The estimated amount that an entity would currently obtain from disposal of the asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Showing 1,561 to 1,580 of 1,886 entries.

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