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Monday, 20 August 2018|

Glossary A-Z

 
production boundary
Description

The production boundary includes all production actually destined for the market, whether for sale or barter, all goods or services provided free to individual households or collectively to the community by government units or NPISHs, all goods produced for own use, own-account production of housing services and services produced by employing paid domestic staff.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
production capacity
Description

The ability to produce water by fully operated plants in the respective year.  The production capacity varies every year according to the design of the plants.
 


Source : Environment
Source Detail : Compedium of Environment Statistics
professional services
Description

Professional services sector comprises establishment that specialised in performing professional activities require a high degree of expertise and training. The establishments in this sector specialised according to expertise and provide these services to industries and, in some cases to household. Activities performed include legal advice and representation; accounting, bookkeeping and auditing;  architectural; engineering; surveying; management consultancy services; market research; advertising and veterinary.
 


Source : Services
Source Detail : Services Statistics, Professional
property income
Description

Property income is the sum of investment income and rent.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
protected/preserved area
Description

An area of land and/or sea especially dedicated to the protection and maintenance of biological diversity and of natural and associated cultural resources and managed through legal or other effective means. This definition is adopted by The International Union for Conservation of Nature (IUCN).


Source : Environment
Source Detail : Compendium of Enviroment Statistics
public corporation
Description

This refers to an undertaking set up under the Special Act of Parliament or by the State Legislature.
 


Source : General
Source Detail : Economic Census
public limited company
Description

A public limited company is also a private corporation established, with limited liability, by a minimum of two persons to operate the business with the objective of making a profit. The shares in a public limited company are openly held and in the case of a company listed on the Stock Exchange, the shares are freely transferable. The company is regarded as a legal entity and is constituted by the Memorandum and Articles of Association.


Source : General
Source Detail : Economic Census
purchased goodwill
Description
Purchased goodwill is the difference between the value paid for an enterprise as a going concern and the sum of its assets less the sum of its liabilities, each item of which has been separately identified and valued.
Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
purchaser's price
Description

The purchaser's price is the amount paid by the purchaser, excluding any VAT or similar tax deductible by the purchaser, in order to take delivery of a unit of a good or service at the time and place required by the purchaser; The purchaser's price of a good includes any transport charges paid separately by the purchaser to take delivery at the required time and place.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
purchasing power parity (PPP)
Description

A purchasing power parity (PPP) is defined as the number of units of B's currency that are needed in B to purchase the same quantity of an individual good or service as one unit of A's currency will purchase in A.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)