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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

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
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

Investment Attractiveness

The appeal of an investment, based on factors like risk, return, and market conditions.

Economic Attractiveness

The appeal of a country or region for investment and business due to its economic policies and conditions.

Beneficiary Acquisition

The process of acquiring new beneficiaries or clients, which includes attracting individuals or entities—such as private-sector companies or strategic partners—who have not yet utilized the services provided.

Rated Entity

A legal person whose creditworthiness is explicitly or implicitly rated in the credit rating (including the issuer of the security to be rated), whether or not it has solicited that credit rating and whether or not it has provided information for that credit rating.

Beneficiary Effort

The amount of work that customer needs to do to get the service or solve their problem to achieve their goal.

Holder of Excise Goods

Any person who is in the possession of excise goods (the holder of excise goods is not necessarily the owner).

Invitation Status

The status of the private sector invitation indicates whether it has been accepted or rejected by the private sector.

Urgent Situation

A situation in which the implementation of business or securing purchases, in a short time, is essential and urgent to ensure the safety of the workflow of the government entity.

Status of Offers

The status of the financial and technical offers that are submitted by contractors or suppliers to the government body in accordance with the tender specifications to obtain the competition.

Payroll Implementation Status

It indicates the status of the implemented, either as a new or returned from the government body, or returned to it.

Payroll Payment Status

The condition of the payroll in terms of completing the process of payment.

Production Volumes

The quantity of goods or services produced by a business or industry within a specific time period, typically measured in units or volume.

Reservations Up to Date

All obligations based on the project, whether they are contracts, bills, or salaries.

Domestic Traffic

The transport of goods carried within the territory of a State for discharge in a place within the territory of the State itself.

Client Account

An account at a local bank which is in the name of a Capital Market Institution and fulfils the conditions required by the Client Money Rules.

Nostro Account

A foreign bank account through a local bank branch in foreign currency. It facilitates payments in foreign currencies to beneficiaries outside the Kingdom.

Crowdsourcing

The process of obtaining ideas, services, or funding from a large group of people, typically via the internet.

Harvesting Tax Losses to Reduce Tax Liabilities

Selling investments at a loss to offset taxable gains and reduce tax liabilities.

Tariff Quota

Any pre-set value or quantity, authorized for importation or exportation of given goods, during a specified period, with a reduction of the Customs duties, and beyond which any additional quantity of these goods can be imported or exported by paying normal Customs duties.

Ownership Right

The right to which a right owner is entitled to all the benefits of this right in a specific way, including the right to use, utilize and dispose of.

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