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

Policy Effectiveness

The assessment of how well a policy or set of rules achieves its intended objectives and whether it has the desired impact on a given issue or problem.

Producer Surplus

The difference between the price a producer is willing to accept and the actual selling price.

Tax Period

The period of time during which the Net Tax must be accounted. In Saudi Arabia, the tax period is either a calendar month or calendar quarter.

Creditworthiness

The assessment of an individual's or organization's ability to meet financial obligations, repay debt, and manage credit responsibly, affecting their access to credit and terms of borrowing.

Red Team

A group that simulates an adversary or competitor to provide security feedback from that perspective.

Change Database

A database for tracking and managing change requests and their versions.

Customs Law

The statutory and regulatory provisions relating to the importation, exportation, movement or storage of goods, the administration and enforcement of which are specifically charged to the Customs, and any regulations made by the Customs under their statutory powers.

Cabinet Decision

An official document in a designated form expresses the cabinet's will.

Interest-only Loan

A loan where only the interest is paid for a certain period, with the principal paid later.

Payday Loan

A short-term, high-interest loan intended to cover expenses until the next paycheck.

Public Sector

The part of the economy controlled or operated by government entities, including government agencies, public services, and state-owned enterprises

Promising Economic Sectors

Industries with high potential for growth and profitability.

Award Value

The amount specified for awarding the bidding which is determined by the owner of the bidding (the government entity).

Market Fair Value

An estimate of the price at which a particular asset or investment could be sold in an open and fair market, serving as an indicator for valuing financial assets.

Percentage of Discount

The percentage of discount on the competing supplier’s offer, if any.

Time Value of Money (TVM)

The financial principle stating that the value of a certain amount of money today differs from its value in the future, due to its potential to be invested and earn returns or because of inflation, making current money more valuable than the same amount in the future.

Price of Tender Specification

Required price for the Tender specification.

Scope Limitation

A restriction or constraint on the extent or applicability of a study, audit, or examination, often due to practical, resource, or other limitations.

Black Money

Some people falsify their accounts and fail to record all transactions in their books of account to avoid paying taxes. Thus, money that is not recorded and accumulates illegally is called illicit gains.

Technical Competency

The knowledge, skills, and expertise required to perform technical tasks or functions, often relevant in job qualifications or project execution.

Merger and Acquisition Regulations

The Merger and Acquisition Regulations issued by the Board of the Capital Market Authority.

Corporate Governance Regulations

Corporate Governance Regulations issued by the Board of the Capital Market Authority.

Targeted Entity

The subject of a Reverse Takeover, consisting of either businesses, assets or an unlisted company.

Securities Business Regulations

The Securities Business Regulations issued by the Board of the Capital Market Authority.

Committee

A group of individuals appointed to handle specific tasks or decisions within an organization. In finance, committees often oversee risk management and compliance.

Finance Committee

A group within an organization or governing body responsible for overseeing financial matters, budgeting, and providing recommendations on financial decisions.

Competition Commission

The Competition Committee is formed by the Director-Head to oversee and manage processes related to tendering, evaluating, and awarding.

Index

A statistical measure that represents a group of data points, providing a reference point for evaluating changes in a particular market or sector.

Economic Indicator

A statistic used to measure economic performance, such as GDP growth, inflation, or employment rates.

Consumer Price Index (CPI)

A measure of inflation used to track changes in the general level of consumer basket prices.

Profit Level Indicator

The measure used to determine the appropriate net margin for a transaction between related parties. It includes - without being limited to - the operating profit margin or return on sales, the net cost-plus margin, and the return on operating assets or return on capital employed.

Human Development Index (HDI)

A measure of a country's social and economic development based on life expectancy, education, and income.

Stock Market Index

A benchmark that tracks the performance of a specific group of stocks.

Macro-Prudential Risk Indicator (MPI)

A measure used to assess and quantify systemic financial risks within an economy.

Substantial Unitholder

In the Investment Funds Regulations and the Real Estate Investment Funds Regulations, a person who owns 5% or more of the units of the closed-ended investment traded fund or the real estate investment traded fund.

Principles for Financial Market Infrastructures

The international standards for financial market infrastructures issued by the Committee on Payments and Market Infrastructures (CPMI) and the Technical Committee of the International Organization of Securities Commissions (IOSCO).

Existing Home Sales

The number of previously owned residential properties that have been sold in a given period, providing insights into the real estate market's activity.

Credit Risk Swaps

A variety of swap agreements that enable effective transfer of credit risk from one party to another.

Budget Tracker

A tool or system that helps individuals or organizations monitor and manage their financial activities, comparing actual expenses to budgeted amounts.

Economic Variables

Quantifiable factors that influence economic performance, such as GDP, inflation, interest rates, and employment levels.

Dollar Cost Averaging

An investment strategy that aims to purchase fixed amounts of an asset at regular intervals to reduce volatility risk.

Rating Analyst

A person who performs analytical functions in connection with rating activities.

Geopolitical Risks

Are potential threats and uncertainties arising from political, social, or economic factors that can affect international relations, trade, and financial stability.

Foreign Exchange Risks

The risk of adverse changes in foreign exchange rates from the time a foreign currency transaction is entered into until the time it is settled.

Residual Risk

The degree of residual risk after all possible measures have been taken by the facility's management to address and mitigate it.

World Bank Group

A group of five international institutions focused on providing financing and technical advice to developing countries in areas such as economic development, poverty reduction, and infrastructure.

Minutes of Receipt

An official written document with a designated form which proves that the undersigned person adheres to the document rules.

Portfolio Investment

A group of financial assets owned to generate a return on invested capital.

Digital Wallet

An electronic payment system that allows users to store and transact money digitally.

Lead Rating Analyst

A primarily responsible for preparing a credit rating or communicating with the rated entity or the issuer of the rated or to be rated securities.

Sampling Risk

The risk associated with the potential for a sample used for analysis or testing to not accurately represent the entire population.

Detection Risk

The possibility that an audit may fail to detect material errors or irregularities in financial statements.

Financial Manager

Any natural person who manages the financial affairs of any person, whether under the name of chief financial officer or finance manager or equivalent.

Demand Elasticity

A measure of how sensitive the quantity demanded of a good is to changes in its price.

Warrant

Warrants and other instruments entitling the holder to subscribe for any shares or debt instruments.

Credit Monitoring

The ongoing monitoring and analysis of credit ratings and creditworthiness by rating agencies, helping investors and creditors stay informed about changes in risk.

Position

An individual's or institution's ownership of a specific financial instrument or asset, such as a stock position or bond position.

Depositary Center

A Depository Center authorized to carry out operations of deposit, transfer, settlement, and registration of ownership of Securities, in accordance with the Law and the Securities Exchanges and Depository Centers Regulations.

Beneficiary

The person for which the special purposes entity is established to provide such a person with the necessary financing by issuing debt instruments, in accordance with the provisions of the Rules for the Special Purposes Entities.

Beneficiary-Centric Knowledge Sharing

Encouraging employees to share customer insights and best practices across departments.

Showing 901 to 960 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