Business Terms and Jargon Explained
What is Quasi-corporationsThese are unincorporated enterprises that function as if they were corporations, and are treated as such for classifying to institutional sectors. There are three main types of quasi-corporation in the accounts: unincorporated enterprises owned by government that are engaged in market production, unincorporated enterprises (including partnerships) owned by households and unincorporated enterprises owned by foreign residents.
© 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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Term created / updated 2007-01-19 15:37:30
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