Business terms and jargon explained. Your business dictionary

What is Institutional Unit

These are individual units whose data are aggregated to form the sectors of the economy. An institutional unit has decision-making autonomy in respect of its principal function and either keeps a complete set of accounts or is in a position to compile, if required, a complete set of accounts meaningful from both an economic and legal viewpoint.

Crown Copyright. Material taken from National Statistics website: Reproduced under the terms and conditions of the Click-Use Licence.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Flexitime Business Objects ERNIE Qualifying share
Home Working Cost per click Exporter Constrained Discretion
Suspended sentence Overtime IMHO Tax Month
BIMBO Lek Outward Processing Relief Kilowatt hours (kWh)
Sniffing Windfall Profit AIUI Demand
Norwich Pharmacal orders Denar Banned And Restricted Goods EAT
Holding Company Beneficial Owner Philanthropy Stamp duty
Appellant Cost Unit Lawyer Baseline Security
RAR EPC Percentage of Annual Revenue From Online Sales N215 Civil Court form
Appraiser Dialup Admission of evidence SaaS

Term created / updated 2007-01-19 15:15:35

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.