Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Quotation
A statement or estimate of the price, cost, and terms for products, services, or securities, used in negotiations, sales, and procurement.
Fund Member of Administrative Board
A natural person appointed as a member of a fund board of an investment fund in accordance with the Investment Funds Regulations and the Real Estate Investment Funds Regulations.
Member of Administrative Board
For a joint stock company, this includes members of the board of directors, and for any other company, this includes any director or other senior official whose duties include developing and implementing the company's strategic decisions.
Investment Property
Real estate (land or a building – or part of a building – or both) held by an entity to earn rents or in anticipation of an increase in its value, or for both reasons.
Overseas Properties
State Properties that are outside the Kingdom of Saudi Arabia.
Constructionally Developed Real Estate
The real estates that are developed and ready for use and which fulfills the regulatory requirements, including residential, commercial, industrial, agricultural real estates and other types of real estates.
Unified Lease Contract
The standardized property lease contract form approved by the State Properties General Authority.
Aggregate Supply
The total quantity of goods and services that producers in an economy are willing to supply at different price levels.
Supply and Demand
The fundamental economic principle determining prices based on availability and consumer demand.
Non-Executive Board Member
In the Capital Market Institutions Regulations, a member of the board of directors who is not full-time managing the Capital Market Institution and does not participate in its daily activities.
Government Properties
All state-owned lands and buildings, both inside and outside Saudi Arabia, that are not privately owned and have an official title deed.
Ancillary Contract
A contract relating to a Private Sector Participation (PSP) contract which is necessary for the execution of a PSP project and which is concluded on behalf of the government with a private party or a third party.
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