Statistical Terms Glossary

See extendible note.

Note on which the maturity can be extended such that interest payments continue and the principal repayment is delayed beyond the original date.

Is a textual data format, with strong support via Unicode for the languages of the world. Although XML’s design focuses on documents, it is widely used for the representation of arbitrary data structures, for example in web services.

Supplementary fee payable to lender of a loan extended beyond original period.

The extension gap (BP - A) is the difference between best practice (BP) and average (A) yields. Extension programmes and infrastructure investments are designed to close this gap.

In agricultural economics, a system of crop cultivation using small amounts of labour and capital in relation to area of land being farmed.

Extensive disruption to rail traffic occurs when train services on at least one main railway line are suspended for more than six hours.

Extensive disruption to traffic occurs when train services on at least one main railway line are suspended for more than six hours.

A system of grazing management based on a low carrying capacity on unimproved native pasture without irrigation and usually in area of medium to low rainfall.

The external assets and liabilities account reflects the level and composition of the stock of external financial assets and liabilities of the economy that result from the external transactions accounts and accumulation accounts.

Refers to the auditors of an organisation which are not under the control of the organisation and may not report to objectives set by the organisation. External auditors are often distinguished from internal auditors.

The external balance of goods and services is the value of exports of goods and services less imports of goods and services.

Issue of bonds in a foreign country.

IMF Facility set up to help maintain the momentum of adjustment in the face of a wide range of adverse external shocks. Will operate as a complement to the compensatory financing facility.

Gross external debt, at any given time, is the outstanding amount of those current, and not contingent liabilities owed to non-residents by residents of an economy that require payment(s) either of principal and/or interest by the debtor at some point(s) in the future

See Externalities - OECD

See Externalities

See Cross-border positions

The ancillary activity is treated as if it were an external activity, identifying all the costs, including labour input and the consumption of fixed capital related to the activity. The value of the ancillary output is then set equal to the costs incurred and is treated as intermediate consumption in much the same way as an external purchase of services by the establishment.

An effect of a purchase or use decision by one set of parties on others, who did not have a choice and whose interests were not taken into account.

Externalities refers to situations when the effect of production or consumption of goods and services imposes costs or benefits on others which are not reflected in the prices charged for the goods and services being provided.

Externalities are changes in the condition or circumstances of institutional units caused by the economic actions of other units without the consent of the former

Purchase of foreign exchange needed for debt service payments

Extinct species are species not definitely located in the wild during the past 50 years

In the case of more environmentally friendly technologies and changes in processes and products, the investment and operating expenditure are compared to those of a “standard” or less environmentally beneficial alternative, if there is one, or the estimated additional cost of incorporating the environmentally beneficial feature.

The term generally refers to sets of government transactions that are not included in the annual budget presentation. These may not be subject to the same level of scrutiny or accounting standards as the annual budget.