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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

Economic Equilibrium

A state in which supply and demand in an economy are balanced, resulting in stable prices.

Localization

The transfer or development of economic, industrial, or service activities within the country using local resources to achieve self-sufficiency and strengthen the local economy.

Cash Flow Forecasting

A financial model through which an estimation of future cash flows (in and out) is made to determine the need for financing in the event of a deficit or investing surpluses.

Adjustable Payment (AP) Table

A schedule outlining changes in loan payments based on interest rate adjustments.

Bidding Condition

The status of the registered competition through the Etimad platform such as (under Under processing or approved).

Global Economic Uncertainty

Unpredictability in the global economy due to factors like crises, policy changes, or geopolitical tensions.

Up to Date Reservations of Contracts (YTD)

Existing commitments from the letter of credits in order to pay for the contracts.

Overdraft Protection

A service preventing transactions from exceeding the account balance to avoid fees.

Payment Plan Until End

Payment plan of the contract until the end.

Income

The total amount that a person earns from the work or activity he practices in accordance with the rules and provisions contained in the income tax law and its implementing regulation.

Payment Plan for a Specified Year

The total of retainages of financial credits and provision during a specified year.

Internal Control

The mechanisms, rules, and procedures implemented by the entity to ensure achievement of its strategic and operational objectives, accuracy of reports, and compliance with rules and regulations.

Quotation Letter Number

The reference number for the bidding letter.

Economic Recession

A significant and widespread decline in economic activity over an extended period of time, often marked by a decrease in Gross Domestic Product (GDP), rising unemployment, and reduced consumer spending.

Callable Bond

A bond that the issuer can redeem before its maturity date at a predetermined price.

Convertible Bond to Shares

A bond that can be converted into a predetermined number of shares of the issuing company.

Inflation Related Bonds

A bond whose interest payments and principal are adjusted based on inflation, protecting investors from inflation risk.

Bond Market

A financial market where investors trade debt securities issued by governments and corporations.

Expected Liquidity

The anticipated ability of financial assets or investments to be converted into cash during the forthcoming period

Legal Person

A company or other entity that has legal personality under the KSA Companies Law. A natural person is not regarded as a legal person, and a legal person does not include joint venture companies as defined in the KSA Companies’ Law.

Showing 321 to 340 of 1,886 entries.

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