Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Quotation Status
The status of the supplier’s quotation, which shows whether the offer was received on the Etimad Platform or not (recipient / non-recipient).
Trade Volume
The sum of exports and imports of goods and services over a specific period of time.
Economic Movementabilty
The ability of individuals or groups to move up or down the economic ladder over time.
Trade War
A situation where countries impose tariffs or trade barriers against each other, affecting global trade.
Public
Rules on the Offer of Securities and Continuing Obligations, the Instructions on the Price Stabilization Mechanism In Initial Public Offerings and the Instructions on Issuing Depositary Receipts Out of the Kingdom.
Payroll Status
The status of the treated payroll on the system of employee’s financial rights, according to a statement from the Central Bank of Saudi Arabia.
Financial Claim Status
A financial statement indicating the status of a claim on the Etimad platform, classified as: under process, approved, returned, or canceled.
Credit Limit
The maximum amount a borrower can spend on a credit account before repayments are required.
Mandatory Registration Limit
The minimum actual value of supplies according to which a taxpayer becomes obligated to register for VAT purposes, if his annual revenue exceeds 375,000 SAR.
Service Account
An account used for running services or software with access to data and resources.
Aggregate Account
A special account for the concentration of revenues collected through SADAD in the Saudi Central Bank for each government body.
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