Term:
Death (of enterprise)
Definition:
The death of an enterprise refers to the dissolution of a combination of production factors with the restriction that no other enterprises are involved in the event. Deaths do not include exits from the population due to mergers, take-overs, break-ups or restructuring of a set of enterprises. It does not include exits from a sub population resulting only from a change of activity.
Domain:
Statistical Business Registers
Source:
Commission Regulation No 2700/98 concerning definitions of characteristics for structural business statistics; see "Eurostat – OECD Manual on Business Demography Statistics", edition 2007.
