Statistical Terms Glossary

Repayment scheme where repayments are at a fixed level, even though the interest rate may change.

Ordered set of categories, intended to group educational programmes in relation to gradations of learning experiences and the knowledge, skills and competencies which each programme is designed to impart. The concept of the ISCED level reflects the degree of complexity and specialisation of the content of an educational programme, from foundational to complex.

Having exposure to the full benefits arising from holding a position in a financial asset, without having to fully fund the position with own funds.

Ratio of debt/liabilities to equity/assets. Includes debt and debt-equity ratios.

See Buyout

Purchase of a company by a small group of investors, often including management, mostly with borrowed funds. The debt is usually repaid from the company's cash flow or from the sale of assets.

The use of a target company's asset value to finance the debt incurred in acquiring the company.

Purchase of a corporation by the employees, using borrowed funds.

Major stockholder who, because of his holdings and earning power, can obtain benefits for the company.

Are taxes on farm output which reduce the price received by producers.

The term "ley" is derived from the old-English "lea" which means a grassy fallow vegetation on former crop fields. It refers to a land use system where arable crops alternate with vegetation used for livestock production.

Umbrella term for all persons who have a non-normative gender or sexuality. LGBTQ stands for lesbian, gay, bisexual, transgender, and queer and/or questioning. Sometimes a + at the end is added to be more inclusive. A UNICEF position paper, “Eliminating Discrimination Against Children and Parents Based on Sexual Orientation and/or Sexual Identity (November 2014),” states all children, irrespective of their actual or perceived sexual orientation or gender identity, have the right to a safe and healthy childhood that is free from discrimination.

In financial accounting, a liability is defined as an obligation of an entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future.

Value of liabilities.

A liability is an obligation which requires one unit (the debtor) to make a payment or a series of payments to the other unit (the creditor) in certain circumstances specified in a contract between them.

Supervision of the claims on the assets of a company.

See London Interbank Bid Rate.

See London Interbank Offered Rate.