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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

Non-Tariff Restrictions

Measures and actions that the State party may take to control imports for other than regulatory or statistical purposes. These restrictions include in particular quantitative, monetary and administrative restrictions on imports.

Monitoring Efficiency

The adequacy and effectiveness of the internal control tools in the entity. The evaluation of the degree of efficiency is based on the evaluation of the design and implementation of the controls in these entities.

Market Efficiency

The extent to which all available information is accurately and quickly reflected in financial asset prices.

Value of Financial Requests in Riyals

The total value of the financial claims issued on Etimad in riyals.

Competencies

The skills, knowledge, and abilities that individuals or organizations possess to enable them to perform their roles or functions efficiently.

Oil Production Quantity

The actual production of a specific item of the crude oil extracted from a concession area within one month is calculated and measured (million barrel/ day).

Reporting Entity

A Constituent Entity that is required to submit a Country-by-Country Report to the Zakat, Tax and Customs Authority (ZATCA) or any other tax authority on behalf of a Multinational Enterprise Group.

Authorized Persons Regulations

The Capital Market Institutions Regulations issued by the Board of the Capital Market Authority.

Investment Funds Regulations

The Investment Funds Regulations issued by the Board of the Capital Market Authority.

Compliance Committee

The committee that is set up by a Capital Market Institution to monitor the securities business that it carries on.

Vision Realization Program Committee

A committee formed by a high order where the chairman and members of the committee have been chosen. The committee will be responsible for all issues relevant to the program and according to its specific power.

Dashboard

A way of displaying various types of visual data in one place. Usually, a dashboard is intended to convey different, but related information in an easy-to-digest form.

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