Business Terms and Jargon Explained

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.

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Direct Representative Competition analysis Fallen Angels
Suppressio veri Alternative investment Vendor
DTI system Fixed Rate loan Economist
Fixed Assets Year end dividend Prime costs
Interpleader External Auditor Monopoly
Deductible VAT Rupiah Subpoena
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Gold fix Mouse potato C.O.D

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

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