Term:
Truncated enterprise group
Definition:
A truncated enterprise group consists of the enterprises and the legal units of a multinational enterprise group, which are resident in the same country. It may comprise only one unit, if the other units are non-resident. An enterprise may be the truncated group or part thereof. A truncated group may consist of several units and subgroups, which can appear seemingly unlinked if their parent is non-resident, but actually belong to the same multinational enterprise.
Domain:
Statistical Business Registers
Source:
European Commission, Eurostat, "Business Registers Recommendations Manual", Methodologies and Working papers, Publication Office of the European Union, Luxembourg, 2010.