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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

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Most searched terms

Customer-Centric Innovation

Developing products, services, or solutions based on customer needs, feedback, and preferences.

Financing Agreement

A set of documents under which a loan is provided. It includes documents for loan agreements, finance agreements, and debt agreements.

Public Finance Obligations

Financial obligations on the government (existing or potential) based on regular tolls; they are not included in the approved state's general budget in the medium term. It might be financed from inside or outside the budget on a specific or unspecified date.

Economic Performance

A measure of an economy’s efficiency, stability, and capacity for growth over a specific period, typically assessed on an annual basis.

Secured Credit Card

A credit card backed by a cash deposit as collateral to reduce lender risk.

Beneficiary Offboarding

The process customers go through when they stop using a digital product or service.

Supply Chain Disruptions

Disruptions in supply chains causing delays, and increased costs.

White-Box Testing

A method of software testing examining internal structures and workings.

Leveraged Buyout (LBO)

The acquisition of a company using a significant amount of borrowed funds, with the target company's assets often used as collateral.

Underwriting

The process by which financial institutions assess risk and approve securities, loans, or insurance.

Disbursement Order

An instrument created by the government bodies to record expenditures to be ready for payment.

Non-Oil Revenues

Resources obtained by a country from all its activities, with the exception of oil revenues, oil taxes, and oil profits.

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