Statistical Terms Glossary

A pension arrangement in which a portion of an employee’s income is paid out at a date after which that income is actually earned.

An individual who draws the pension benefits later than their normal retirement age.

In IFC loans, the option to select a new rate, up to 12 months after Board approval of loan. The reason for this was because of the long delay between Board approval and loan signature (typically five months) and signature and first disbursement (typically three months).

A situation when an individual decides to retire later and draw the pension benefits later than their normal retirement age.

See: Actuarial deficiency

Occupational plans other than defined contributions plans. DB plans generally can be classified into one of three main types, “traditional”, “mixed” and “hybrid” plans.

Defined benefit pension plans are those in which the level of pension benefits promised to participating employees is guaranteed; benefits are related by some formula to participants’ length of service and salary and are not totally dependent on either the participants’ contributions or the assets in the fund.

Occupational pension plans under which the plan sponsor pays fixed contributions and has no legal or constructive obligation to pay further contributions to an ongoing plan in the event of unfavourable plan experience.

A defined benefit scheme is one where the benefits payable to an employee on retirement are determined by the use of a formula, either alone or as a minimum amount payable.

Is defined as a sustained fall in the general price level.

Is the conversion of forest to another land use or the long-term reduction of the tree canopy cover below the minimum 10 per cent threshold. Deforestation implies the long-term or permanent loss of forest cover and implies transformation into another land use.

Cost based estimates of degradation answer the question “How much it would cost to avoid the degradation?”. They group together maintenance costing and “greened economy modelling”.

Damage based methods for valuing degradation answer the question: “What is the value of damages suffered due to the impacts of actual degradation of the environment on health, etc?”.
They derive estimates from the impact of e.g. actual residual generation.

Degradation costs are those costs reflecting the qualitative deterioration of the natural environment by economic activities.

The decline in the biological productivity or usefulness of land and soil resources for their current predominant intended use caused through the use of the land by humans. The decline of the capital value.

Educational qualification awarded upon successful completion of specific educational programmes in tertiary education (traditionally by universities and equivalent institutions).

Lack or shortage of body fluids, A child who has diarrhea soon loses a lot of fluids in stools, thus become dehydration..

Refers to the transfer of people with disabilities or other groups from institutional care, to life in the community.

The various needs of the users of the business registers require providing different units correctly delineated with respect to structure, and characteristics of the unit. The delineation of statistical units is done by grouping or dividing administrative or other relevant units according to harmonized rules and also by using classifications to delineate the unit according to its activity, location or any other characteristics.

See Basing point pricing

It is the process of transporting goods to and from the docks and inside and outside warehouses, stores and yards, or stacking them within the port's borders and then shipping them from their place according to the instructions issued by the facility.