kingdom budget landing image

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

Default risk

The probability that a borrower will fail to meet their debt obligations.

Settlement Risk

Failure of the subscriber to pay the value of the debt instrument or convertible debt instrument issued.

Customs Broker

A natural or legal person licensed to carry out customs clearance work on behalf of others.

Contract Duration in Days

The contract period recorded on the system after converting it into days.

Auditor

A professional responsible for examining and verifying financial records, transactions, and statements to ensure accuracy and compliance.

Brief

Written legal documents presented to a court, outlining the facts, arguments, and legal principles of a case.

Storehouse

The building or place intended for the temporary storage of goods pending their withdrawal under one of the customs procedures whether such place/building is directly administered by the Administration or by the official public agencies or the investors.

Reinforced Provision

The disbursement of funds for a purpose for which no budget line has been allocated, by using another approved budget item.

Payment Order Duration in Days

The duration of the payment order in days from the date of approval of the payment order by the financial controller until the date of its disbursement.

Standstill Duration

The period of waiting for the request to be paid, or the payment for a person until being approved then moving to the next stage in the chain of procedures, or it is returned again for amendment by the entity, or completely rejected.

Duration

A measure of the sensitivity of a bond's price to changes in interest rates. It reflects the weighted average time it takes to receive a bond's cash flows.

Contract Term

The term of the contract registered in Etimad.

Listed

In relation to any type of securities, means the securities admitted to listing on the Exchange.

General Government Interest Payment

The costs incurred by the government for servicing its outstanding debt by paying interest to bondholders or lenders.

Foreign Fund Manager

A person operating outside the Kingdom and working as a manager of a foreign fund.

Portfolio Manager

An employee of a Capital market institution who performs management activities on behalf of the financial market institution with a client or on behalf of a client.

Post-Implementation Audit

An examination or review conducted after a project, financial transaction, or process has been completed to assess its performance, accuracy, and compliance with established standards

Mid-Year Review

An evaluation or review of an organization's or project's performance, usually conducted midway through the fiscal year.

Credit Watch

A notice from a credit rating agency indicating that a credit rating is being monitored for potential changes, but a final decision has not yet been made.

Operational Monitoring

Continuous monitoring, measurement, and evaluation of financial processes, systems, or activities to ensure their effectiveness and compliance.

Showing 1,641 to 1,660 of 1,886 entries.

Visitors

Searches

Last Modified Date: At Saudi Arabia Time
Was this page useful?

: 0 / 280

Please select at least one option.
(Read Only)

: 0 / 250

: 0 / 280

Please select at least one option.
(Read Only)

: 0 / 250