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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Restraint of trade Public Sector UK Business Registration
Market Research Single linking agreement Warehoused Goods
Excise Duties Landlord Reference Trade Creditors
Balancing Charge EPC Non-Status Mortgage
JCO Loan Packaging Bullionism
Killer bee Home Bias Comparative Advantage
Account monitoring order Dominium Critical Success Factors
Easter egg Earned value Analysis Home Working
Winding up Easy mark Admission of evidence
Crown copyright Pillars of the EU NVR
Blue-collar worker Ad infinitum Leverage
Visible Trade CHIEF ISA
Merit Good Balance Transfer Merchant Bank

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

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