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Sunday, 22 October 2017|

Glossary A-Z

 
capital expenditure
Description

Refers to the value of purchases and own-account construction of fixed assets during the reference year. Major additions, alterations and improvements to the existing assets that extend their normal economic life or raise productivity are also included in this definition.
 


Source : Manufacturing
Source Detail : Economic Census
carbon cycle
Description
Natural circulation of carbon which is exchanged among large carbon    reserves in the land, the ocean, the biosphere and the atmosphere; Circulation of carbon through ecosystems in the course of which carbon atoms from carbon dioxide are incorporated into organic compounds formed by green plants during photosynthesis.
Source : Environment
Source Detail : Compendium of Enviroment Statistics
carbon monoxide
Description


Colourless, odourless and poisonous gas produced by incomplete fossil fuel combustion.


Source : Environment
Source Detail : Compendium of Environment Statistics
carbon sink
Description
Pool (reservoir) that absorbs or takes up released carbon from another part of the carbon cycle. For example, if the net exchange between the biosphere and the atmosphere is towards the atmosphere, the biosphere is the source and the atmosphere is the sink.
Source : Environment
Source Detail : Compendium of Enviroment Statistics
carbon tax
Description
Instrument of environmental cost internalisation. It is an excise tax on the producers of raw fossil fuels based on the relative carbon content of those fuels.
Source : Environment
Source Detail : Compendium of Enviroment Statistics
carrying capacity
Description
Maximum number of animals of one or more species that can be supported by a particular habitat or area through the most unfavourable period of the year. The carrying capacity is different for each species in a habitat because of particular food, shelter, and social requirements and because of competition from other species that may have similar requirements. Attempts have been made to apply carrying capacity analysis to the human population in particular territories.
Source : Environment
Source Detail : Compendium of Enviroment Statistics
cash accounting
Description

Cash Accounting records only cash payments and records them at the times these payments occur.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
census year
Description

Census year refers to the year in which the census was conducted


Source : General
Source Detail : Economic Census
central bank
Description

A Central Bank is the public financial corporation which is a monetary authority: that is, which issues banknotes and sometimes coins and may hold all or part of the international reserves of the country.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
central government
Description

Central Government is the body whose political authority extends over the entire territory of the country and which has the authority to impose taxes on all resident and non-resident units engaged in economic activities within the country.


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