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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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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

Gross Fixed Capital Formation

The flows in fixed assets that illustrate the movement of assets into and out of the establishment, and includes fixed assets that the establishment acquires for use in achieving its purposes and not for the purpose of selling them or introducing them as raw materials in its production operations, such as residential and non-residential buildings, transportation equipment, furniture, machinery and equipment).

Private Transaction

Transaction involving the purchase and/or sale of shares carrying Voting Rights in any company listed on the Exchange, negotiated between the Offeror and selling shareholder(s) of the Offeree Company without making an Offer or involving the other shareholders or directors of the Offeree Company.

Financial Controller

Responsible for overseeing and analyzing the financial activities within an organization, ensuring compliance with accounting policies and financial regulations. They supervise the preparation of financial reports, monitor accounts, and manage budgets, ensuring accuracy and transparency in financial transactions.

Direct Access to Exchange Systems

A technical mechanism in the Securities Depository Markets Regulations that enables a person to enter orders directly into trading systems, without intervention or re-entry of orders by another person, for the purpose of executing transactions.

Venture Capital

Investment in early-stage companies with high growth potential, typically provided by private investors or venture capital firms. These investments are often in exchange for equity or ownership stakes in the company.

Debt Sustainability

The borrower's ability to manage and repay debt obligations without causing financial instability or default.

Contingent Asset

A possible asset that arises from past events, and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the entity.

Contract Start Date

If the contract is new, the contract start date shall be the first day of its performance. If the contract already exists at the time of registration, the contract start date shall be the date of its registration on Etimad.

Temporary Admission (ATA) Convention

The customs convention on the Temporary Admission (ATA) carnet adopted by the Customs Cooperation Council in Brussels in 1961.

Recessionary Economy

A slow-growing economy with weak demand and limited business activity.

Debt Settlement

The process in which a creditor and debtor reach an agreement on the repayment or partial payment of a debt, typically involving a reduction in the total amount owed or an adjustment of payment terms to resolve the debt.

Latest Action on Financial Claim

The last action performed on the financial claim since it was created, such as verification or submission of a completion certificate.

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