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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

Account with Discretionary Authority

In the Merger and Acquisition Regulations, an account with a Capital Market Institution who is authorized to carry on managing activities, with the power to make investment decisions without prior reference to the holder of the account.

Solutions

Approaches or methods used to address or solve problems, challenges, or meet specific needs in business or other contexts.

Quantum Computing in Finance

The use of quantum computing for faster financial modeling and risk analysis.

Advisory Service

A service of a professional or advisory nature including - without limitation - preparing studies and research, the development of specifications, plans and designs, supervision of their implementation, such as the services of accountants and lawyers.

Tax-Deferred Account

A financial account where taxes on earnings are postponed until withdrawals.

Quota

A predetermined or fixed quantity or share of a resource, such as imports, exports, or production, often set by government regulations or agreements.

Share of GDP by Sector

The proportion of GDP contributed by a specific economic sector (such as agriculture, industry, or services). This share helps determine the importance of a particular sector in the national economy.

Capital Injections

Providing additional funds or capital to a company or financial institution to strengthen its financial position or support its operations.

Regulated Financial Services

Financial services that are governed by laws and regulations on what financial institutions are allowed to do.

Public Service

Any service directly or indirectly provided by a government agency, whether essential services, for the purpose of providing goods or services to the public, or non-essential services, for the purpose of supporting governmental activities and functions.

Training Plan

A structured program or strategy outlining the goals, content, and activities for employee or skill development through training.

Value-Base Duties and Tax

Any duties and taxes which are calculated on the basis of value of goods or services rather than on quantity or weight.

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