Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Fines
Economic benefits or service potential received or receivable by public sector entities, as determined by a court or other law enforcement body, as a consequence of the breach of laws or regulations.
Loan
Financial arrangements where one party lends money or assets to another party, often with the expectation of repayment with interest.
Private Sector Participation (PSP) Governing Rules
A set of regulations and laws issued under the system to regulate the privatization process.
Proposed Budget
A document containing all the detailed data and models related to realistic human and financial estimates of actual needs for all expenditures, programs, and budget projects for the upcoming fiscal year.
Consideration
Everything collected or to be collected by the Taxable Supplier from the Customer or a third party for the Supply of Goods or Services inclusive of the Value Added Tax (VAT).
Reclassification of Entity Budget
Reclassification of the saving amounts, between the budget elements, (workers’ compensation, goods and services, the program and the project) to other elements that need to support their allocations to pay dues during the fiscal year within the government budget.
Liquidity Ratio
A measure of a company’s ability to meet short-term obligations, often calculated as current assets divided by current liabilities.
Alternative Trading System
An Exchange authorized by the Capital Market Authority to carry out trading in specific types of securities, for specific categories of investors.
Financial Ratio
Quantitative indicators used to assess an organization's financial health, performance, and efficiency by comparing key financial variables and relationships.
Business Case Document
The document of the Private Sector Participation (PSP) Project that include the detailed study developed for the PSP Project before tendering, including the technical, financial, legal and regulatory aspects of the project and other project-related aspects.
Deposits
An amount of money or a non-monetary asset, such as precious metals like gold and silver, deposited with financial institutions or central banks for a specific purpose.
Income Tax
A direct tax imposed on resident capital companies for shares owned directly or indirectly by non-Saudi persons, or on persons working in the production of oil and hydrocarbons. It is also imposed on non-Saudi natural persons residing in and practicing economic activities in Saudi Arabia, and on non-resident persons who practice economic activities in Saudi Arabia through a permanent establishment, or who have taxable income earned from sources in Saudi Arabia without having a permanent establishment, and for every person working in the field of investment, transportation of natural gas.
Tax on Income, Profits and Capital Gains
Taxes assessed on actual or presumed income, including taxes assessed on holdings of property, land or real estate when such holdings are used as the basis for estimating the income of their owners (including corporate and establishment income tax, and withholding tax for non-residents).
Claim Journey
The series of actions that take place on the claim from the time it is registered on the Etimad Platform until it is approved or rejected.
Consortium Agreement
The contractual relationship between consortium members. Sets out in detail how responsibilities, risks, and rewards will be shared and/or allocated among the members.
Convertible Debt Instrument
A debt instrument whose holder has the right to convert it into shares of the company issuing that instrument.
Medium-Term Debt Strategy
Outlines a plan for managing and structuring an organization's debt over a medium-term.
Customer-Centric Innovation
Developing products, services, or solutions based on customer needs, feedback, and preferences.
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.
Visitors
Searches