A Government Website Registered with the Digital Government Authority

Official Saudi government websites end with gov.sa

All official educational websites in the Kingdom of Saudi Arabia end with sch.sa or edu.sa

Government websites use the HTTPS protocol for encryption and security.

Secure websites in the Kingdom of Saudi Arabia use the HTTPS protocol for encryption.

Stock Purchase Option

A certificate granting the holder the right to purchase a specific number of shares at a predetermined price within a specified period. This option does not imply immediate ownership of the shares but rather confers the right to acquire them later. It is frequently utilized as an incentive for employees or investors.

Custodian

A legal entity licensed by the Authority to engage in the safekeeping of clients’ funds and assets, including those comprising collective investment schemes.

Trustee, Agent, Guardian, Conservator

A person legally entrusted with the safekeeping and prudent management of trust assets to fulfill the trust’s objectives, such as a receiver or a trustee in bankruptcy appointed by the court or creditors to manage the affairs of a bankrupt company or individual.

Securities borrowing

A common practice in foreign market exchanges, carried out by market makers to create a shortage in the supply of those securities on the exchanges in return for expenses and fees.

Fraudulent Bankruptcy

A situation in which a debtor claims to be bankrupt and misleads others into believing so, in order to stop them from demanding repayment of the amounts owed to them.

Bankruptcy

Placing the debtor’s assets under judicial receivership, to be managed and utilized for the benefit of creditors, sold under the supervision of the bankruptcy trustee, and the proceeds distributed to them until the debtor’s obligations are fulfilled.

Highest Stock Price

The highest price a stock has reached during a specific trading period or periods, which may be a day, month, or year

High Price

The highest price recorded for a security during a specific period.

Portfolio Asset Reallocation

Reallocation means making changes to the investment portfolio composition, either by adding new investments that align with the investor’s objectives, or by changing the portfolio’s investments due to changes in the investor’s objectives, risk level, or available time horizon.