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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

Appeal

The person against whom a decision or ruling has been issued must file a grievance before the Tax Violations and Disputes Resolution Committee or the competent judicial authority within the specified period.

Socially Responsible Investment (SRI)

Investing in companies that align with ethical, environmental, or social values.

Impact Investment

Investments made with the intention to generate positive social or environmental impact alongside financial returns.

Government Investments

Funds allocated by the government to invest in various projects, industries, or assets, which can contribute to the country's financial well-being.

Risk Response

A process through which actions are identified to improve opportunities and mitigate threats to an organization. This is done by avoiding, transferring, or accepting risks.

Private Transaction

A transaction involving the sale and purchase of shares of a company whose shares are listed on the market through a special offer or sale and purchase deal.

Reverse Takeover

An arrangement where a listed company makes an offer of new shares in itself to the shareholders of an unlisted company in exchange for their shares and theses new shares will represent more than 50% of the listed company voting shares after the acquisition.

Import of Goods

The entry of Goods into any member state from outside the GCC territory in accordance with the provisions of the Unified Common Customs Law.

Disaster Recovery

Plans and activities to restore critical business functions following cyber-attacks or disruptions.

Private Equity

Investments made directly into private companies rather than publicly traded stocks.

Import of Excise Goods

The entry into Saudi Arabia of excise goods which are not subsequently placed under a custom suspension arrangement besides customs clearance and release of excise goods for import purposes in Saudi Arabia.

Estimated Prices

Estimated reference price that is established based on the market prices.

Preferred Stock

A type of stock that provides fixed dividends and has priority over common stock in the distribution of assets and in the repayment of the stock’s value upon company liquidation.

Issuance

The creation and distribution of new securities, such as bonds or stocks, to the market, typically by corporations or government entities.

Export Subsidies

Government financial assistance to domestic firms for exporting goods, often aimed at making a country's exports more competitive internationally.

Domestic Bank Assets

Are the financial holdings, investments, and resources owned or controlled by a bank within its home country, excluding assets in foreign jurisdictions.

Re-Import

Importation into a Customs territory of goods previously exported from that territory.

Re-export

It refers to goods that have been previously imported and have undergone all customs procedures, and then re-exported without significant modification.

Insolvency

Actual insolvency or bankruptcy, or the commencement of any proceedings in respect of insolvency or bankruptcy under the Bankruptcy Regulations, or the commencement of any equivalent procedures in the Kingdom or in any other jurisdiction outside the Kingdom.

Dumping

The practice of exporting goods at below-market prices to gain market share and undermine competition.

Credit Obligation

A contractual commitment to repay borrowed funds or fulfill financial obligations, often associated with loans, bonds, or other credit arrangements.

Refused Payment Orders

Payment orders received from the government body and some observations are found in connection therewith, accordingly not recorded in the system, the government bodies are asked to get them back to address these observations.

Fund Sub-Custodian

A third party contracted by the custodian to perform some or all of the custodian’s functions in relation to an investment fund.

Local Production

The creation of goods or services within a specific region or country, rather than importing them.

Deferred Tax Liability

A tax obligation that a company owes but delays paying until a future period.

Physical Security

Measures to prevent unauthorized access to facilities, equipment, and protect individuals and property.

Returned Payment Order

Returned payments orders from the Ministry of Finance, which are received from government bodies to address the observations.

Productivity

The efficiency of production, typically measured as output per unit of input.

Non-Oil Activities

Refer to all other economic activities except oil activities and government services.

Information System

A set of organizational elements that include people, processes, procedures, policies, activities, and technical tools, which are linked together. The purpose is to enter, retrieve, store, analyze and process data and information in its various forms.

Knowledge Production

The process of generating new ideas, research, and innovations to drive economic and social progress.

Engagement

Active participation and interaction among individuals or employees within an organization, which enhances a sense of commitment and loyalty.

Productive Activities

Economic activities that contribute to output and growth.

Oil Activities

Oil Activities encompass the activities of crude oil, natural gas, and refining activities.

Critical Systems

Systems or networks whose disruption or compromise could adversely affect an organization's operations and national interests.

Overspending

The act of exceeding a budget or spending more than what was allocated or planned for a specific period, which can lead to financial difficulties.

Demerger

A type of Demerger where all of the shares in the spun-off entity/new entity to be formed to hold the asset, are distributed on a pro-rata basis to the Listed Company’s shareholders as dividend, resulting in a full separation of the two entities in a single process.

Fixed-Income Security

An investment that provides regular interest payments, such as bonds.

Termination of the Fund

The date on which the Fund ends according to the term or event specified in the Fund’s terms and conditions, including the asset sale phase and the distribution of unit holders’ dues to them.

Other Revenues

Revenues collected by the government from property income, sales of goods and services, fines, penalties, confiscations, and other transfers.

Showing 681 to 720 of 1,886 entries.

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