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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

Account Date

It indicates the date used for settlement.

Payroll Upload Date

Date of listing the payroll on payment system.

Date of Opening Offers

Examination date of all offers that have been received by the government body and in the presence of the competitors and the values of the offers should be announced publicly to ensure transparency.

User Experience (UX)

The overall experience that users have when interacting with a product, system, or service, aimed at ensuring that the user’s interaction is meaningful, efficient, and satisfying.

Beneficiary Experience

The general perception and feelings of the beneficiary regarding the services provided, based on their interactions and experiences, and what is reflected in the beneficiary's sense of satisfaction with the quality and effectiveness of this experience.

B2B Beneficiary Experience

The overall interactions and satisfaction that businesses have when engaging with products, services, or solutions.

Market Segmentation

The process of dividing a market into distinct groups of consumers with similar needs or characteristics.

Data Analysis

A process of examining, auditing, selecting, transforming, storing, and modeling data to get useful information that help for decision-making.

Big Data Analytics

The use of advanced data analysis techniques to identify patterns and trends in large datasets.

Financial Analysis

Evaluating and interpreting financial data to assess the financial health, performance, and viability of an entity, often using ratios, comparisons, and other tools.

Loss Aversion

A psychological principle stating that people prefer avoiding losses more than acquiring equivalent gains, influencing decision-making.

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