Statistical Terms Glossary

Adjustment of prices to a common specification on the basis of the price determining effects of the key characteristics of the item. Similar to hedonic price estimation, except that adjustment factors are based on technical information, not on parameters estimated from a regression equation using sample price information.

Fixing the cost of a loan, i.e. the interest rate and any other charges, such as front end fees.

The point in the production or distribution process to which the price refers. For an output PPI, the pricing point is generally where the product leaves its place of production - hence, farm gate or factory gate price.

The pricing methodology whereby a manageable sample of precisely specified products is selected, in consultation with each reporting establishment, for repeat pricing. Products are fully defined in terms of all characteristics which influence their transaction prices.

Government net borrowing or net lending excluding interest payments on consolidated government liabilities.

Food and live animals, beverages and tobacco, excluding manufactured goods; crude materials, inedible, excluding fuels, synthetic fibres, waste and scrap; mineral fuels, lubricants and related materials, excluding petroleum products; animal and vegetable oils, fats and waxes.

One of the major banks and investment dealers in the U.S. authorized to buy and sell government securities in direct dealing with the Federal Reserve. In France, the SVTs have a similar function.

Primary education (ISCED 1) usually begins at ages five, six or seven and lasts for four to six years (the mode of the OECD countries being six years). Programmes at the primary level generally require no previous formal education, although it is becoming increasingly common for children to have attended a pre-primary programme before entering primary education. The boundary between pre-primary and primary education is typically the beginning of systematic studies characteristic of primary education, e.g., reading, writing and mathematics. It is common, however, for children to begin learning basic literacy and numeracy skills at the pre-primary level.

Primary energy consumption refers to the direct use at the source, or supply to users without transformation, of crude energy, that is, energy that has not been subjected to any conversion or transformation process

Primary health care is a whole-of-society approach to health and well-being centred on the needs and preferences of individuals, families and communities. It addresses the broader determinants of health and focuses on the comprehensive and interrelated aspects of physical, mental and social health and wellbeing.

Primary incomes are incomes that accrue to institutional units as a consequence of their involvement in processes of production or ownership of assets that may be needed for purposes of production.

Currently married women aged 15-49 years who had no children, not using contraceptive methods and try to get pregnant for one year and over.

Primary inputs are those factors of production that are treated as exogenous in the framework of production analysis. In a static framework such as the one underlying this manual, primary inputs comprise capital and labour

A primary market is a market where new issues (initial public offerings) of stocks and bonds are sold, and where the proceeds go to the issuer

Offering of a new issue of stocks or bonds.

When a huge volume of cold, low salinity water travelled around the gyre (seesubpolar gyrealso) from 1968 to 1982 (Dickson et al. 1988).

In order to be included in environmental protection, an activity, a product or a transaction must have the environmental protection as its primary purpose.

Is a telecommunications standard for carrying multiple DS0 voice and data transmissions between a network and a user. All data and voice channels are ISDN and operate at 64 kbit/s.

The most creditworthy type of borrower.

The rate charged by banks to preferential customers; taux priviligié is the rate charged by nonbank financial institutions (e.g., Credit National).

The initial complex structure of an otolith, it consists of granular or fibrillar material surrounding one or more optically dense nuclei from 0.5 mm to 1.0 mm in diameter.

The provision of economic value by the creditor, or the creation of debt liabilities through other means, establishes a principal liability for the debtor, which, until extinguished, may change in value over time. For debt instruments alone, for the use of the principal, interest can, and usually does, accrue on the principal amount, increasing its value.

The principal activity of an economic entity is the activity that contributes most to the value added of the entity, as determined by the top-down method.

The principal activity is the activity which contributes most to the total value added of the unit under consideration. Ideally, the principal activity of the unit should be determined with reference to the value added to the goods and services produced, by applying the top-down method. The top-down method follows a hierarchical principle: the classification of the unit at the lowest level of the classification must be consistent with the classification of the unit at the higher levels. The principal activity so identified does not necessarily account for 50% or more of the entity's total value added. In case that the value added is not known, substitute criteria can be used as proxies to obtain the best approximation possible compared to the result which would have been obtained on the basis of value added data.