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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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Most searched terms

Conglomerate Merger

A merger between companies in unrelated industries to diversify business operations.

Emerging Digital Economy

The shift to an economy driven by digital technologies, including e-commerce, fintech, blockchain, and AI-driven business models.

Economic Outlook

A forecast of future economic conditions based on trends, indicators, and policy analysis.

Control Commitment

To make sure that the government entity adheres to all control regulations.

Consortium

A group of companies bidding together for a project. In a PPP this enables companies to bring together all capabilities required for the project (construction, operation, and financing).

Internal Control Framework

A data structure that organizes and categorizes an organization's internal controls, they are practices and procedures that are put in place to create added value and reduce enterprise risks.

Economic Revitalization

A process aimed at improving or reinvigorating a stagnating or declining economy, often through investments, job creation, and infrastructure development.

Non-Oil Economy

Economic sectors and activities that do not involve the production, extraction, or sale of petroleum or oil-related products.

Economic Reform

Changes or improvements made to the economic policies or systems to enhance efficiency, growth, and stability.

Economic Recovery

The phase following a recession where the economy starts to grow again, with increased production, job creation, and rising confidence in markets.

Knowledge Economy

An economy based on the production and management of knowledge and information, rather than physical goods.

Economic Transformation

A significant change in the structure of an economy, often transitioning from agrarian to industrial or from industrial to a service-based economy.

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