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: www.statistics.gov.uk. Reproduced under the terms and conditions of the Click-Use Licence.

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Call to Action	Click Fraud	MINT	Annuitant
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Co-Decision - EU	Signature	Optimist	Apostille
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Abatement	Quaeitur	AKA	Commission

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

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