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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

Economic Recovery

The phase following a recession where the economy starts to grow again, with increased production, job creation, and rising confidence in markets.

Economic Transformation

A significant change in the structure of an economy, often transitioning from agrarian to industrial or from industrial to a service-based economy.

Knowledge Economy

An economy based on the production and management of knowledge and information, rather than physical goods.

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.

Private Equity

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

Deferred Tax Liability

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

Overall Economic Productivity

A measure of how efficiently an economy utilizes its resources to produce goods and services.

Fixed-Income Security

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

Insignificant Probability

An event or outcome is highly unlikely to occur or has a very low chance of happening.

Scorecard

A visual or tabular performance measurement tool used to track and evaluate progress, often using key performance indicators (KPIs).

Credit Obligation

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

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.

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