Statistical Terms Glossary

A branch is an unincorporated enterprise that wholly belongs to a non-resident unit, known as the parent. It is resident and treated as a quasi-corporation. For the purpose of the statistical business register a branch shall be treated as an enterprise.

A detailed list of the characteristics that identify an individual sampled product. Its purpose is to ensure that a consistent price is collected from period to period relating to a consistent product with the same terms of sale in each period. Hence, the characteristics listed cover both the product (name, serial number, description, etc.) and the transaction.

Firms marketing differentiated products frequently develop and compete on the basis of brands or labels. Coca Cola vs. Pepsi-Cola, Levi vs. GWG jeans, Kellogg’s Corn Flakes vs. Nabisco’s Bran Flakes are a few examples of inter-brand competition. Each of these brands may be preferred by different buyers willing to pay a higher price or make more frequent purchases of one branded product over another.
Intra-brand competition is competition among retailers or distributors of the same brand. Intra-brand competition may be on price or non-price terms. As an example, a pair of Levi jeans may be sold at a lower price in a discount or specialty store as compared to a department store but without the amenities in services that a department store provides. The amenities in services constitute intra-brand non-price competition. Some manufacturers seek to maintain uniform retail prices for their products and prevent intra-brand price competition through business practices such as resale price maintenance (RPM), in order to stimulate intra-brand non-price competition if it will increase sales of their product.

A person between the age of 18 and 65 whose earnings have contributed substantially to the family income.

See jeopardy clause.

Point where two strategies are equivalent.

A break-up results in one enterprise group before and more than one enterprise group after the event. In a break-up, the enterprise group is divided in such a way that neither (none) of the new enterprise groups keep the identity of the original enterprise group.

A break-up results in one enterprise before and more than one enterprise after the event. In a break up, the enterprise is divided in such a way that neither (none) of the new enterprises keeps the identity of the original enterprise. There is no continuity or survival, but the closure of the previous enterprise is not considered to be a real death. Similarly the new enterprises are not considered to be real births. A break up is similar to split-off and can be seen as the opposite of a merger.

The market value of all the individual parts of a firm if the firm were to be broken up and the individual parts operated independently.

It Refers to the method of feeding infants and children, and is defined as a child having been fed breast milk directly from the breast or expressed.

The seed of varieties produced by research stations. It is cultivated to produce foundation or basic seed, i.e. the first generation generally made available for multiplication by the commercial sector.

Refers to the number of female animals that are kept mainly for reproduction purposes rather than for food production.

Short-term financing for countries whose international serves are very low and where commercial and official interest arrears are mounting.

Safety communications between vessels from the position from which the vessels are normally navigated.

A bridging loan is a short-term advance pending receipts of funds by the borrower from the same or another source

A three-digit classification, which groups commodities according their main end use, introduced by the United Nations in 1970, suitable for the general economic analysis of international merchandise trade data.

The Treaty obliges the Member States to regard their economic policies as a matter of common concern and to coordinate them within the EU Council. The BEPGs constitute the main instrument of this coordination.

Irrigation method using treated wastewater consisting in a main trench from which arise several side branches.

Includes everyone with at least one disability domain coded according to any degree of difficulty reported, i.e. some difficulty (mild), a lot of difficulty (moderate), or unable to do it (severe).

Broad money supply, in addition to currency in circulation plus sight deposits held by domestic non-banks, also include time deposits as well as savings deposits at short-notice held by domestic non-banks

Broadacre is a term used, mainly in Australia, to describe farms or industries engaged in the production of grains, oilseeds and other crops (especially wheat, barley, peas, sorghum, maize, hemp, safflower, and sunflower), or the grazing of livestock for meat or wool, on a large scale (i.e., using extensive parcels of land).

Bit rate including and beyond that of narrow-band.

A high data rate Internet access—typically contrasted with dial-up access using a 56k modem.

A high-speed connection. It typically refers to DSL or cable access to the Internet

A transmission medium capable of supporting a wide range of frequencies, typically from audio up to video frequencies. It can carry multiple signals by dividing the total capacity of the medium into multiple, independent bandwidth channels, where each channel operates only on a specific range of frequencies.