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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

Registration Certificate

A certificate obtained by the establishment in the event that the registration requirements in the (Zakat, Tax and Customs Authority) ZATCA system are fulfilled; it must be obtained within the first fiscal year in the first 12 months of practicing the activity.

Merchandise Exports

They are tangible goods that are produced in a country and sold to other countries. These goods include agricultural, industrial, and mineral products, such as crude oil, natural gas, petrochemicals, food products, clothing, automobiles, and electronic devices.

National Exports

In accordance with international trade regulations, this refers to all goods intended for export outside the Kingdom, which have been either.

Non-Oil Exports

Goods and services that do not contain oil or its derivatives, including agricultural products like fruits and grains, industrial products like cars, electronics, minerals like gold and copper, as well as services like tourism and education.

Net Liquid Assets

Assets funded by equity (common stock, disclosed reserves or other retained earnings) which are not otherwise pledged and freely available to cover General Business Risk.

Net of Wealth

The total assets minus total liabilities of an individual or organization.

Health of Economy

A measure of economic stability based on factors like GDP, inflation, and employment.

Conflict

Disputes, disagreements, or opposing interests between individuals, departments, or organizations, which can impact decision-making and operations.

Margin Transaction

A transaction where a Capital Market Institution makes a loan to a client of a portion of the cost of the transaction.

Monetary Market Fund

An investment fund the sole objective of which is to invest in short-term securities and money market transactions in accordance with the Investment Funds Regulations.

Private Fund

An investment fund which is established in the Kingdom and which is not a public fund, and the units in which may be offered by the fund manager, in accordance with Part Five of the Investment Funds Regulations, to investors in the Kingdom.

Public Fund

An investment fund which is established in the Kingdom and the units in which may be offered by the fund manager, in accordance with Part Four of the Investment Funds Regulations, to investors in the Kingdom otherwise than by way of a private placement.

Specialized Public Fund

A mutual fund with a specific investment objective, offered to the public.

Zakat Certificate

A certificate issued to the Zakat payer upon his request; to be used in proceeding with other governmental procedures. It is issued only when there are no cases of submission of declarations, late payments, or any current obligations.

Instant Certificate

A certificate issued immediately after submitting declarations related to Zakat for a specific financial period and paying its related payments.

Business Owner

The person responsible for business requirements related to a system or asset.

Oil Exports

Goods that include crude oil and its derived products such as natural gas, refined petroleum products (like gasoline, diesel), and petrochemical products that rely on oil extraction as the main source.

Fund's Net Assets Value

For the purposes of the Investment Funds Regulations and the Real Estate Investment Funds Regulations, means; the Fund’s Total Assets Value minus its liabilities.

Net Assets Value

For the purposes of the Investment Funds Regulations and the Real Estate Investment Funds Regulations, means; the Fund’s Net Assets Value divided by the number of units outstanding.

External Shock

An unexpected event from outside a country that disrupts its economy, such as natural disasters, pandemics, geopolitical conflicts, or financial crises.

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