Statistical Terms Glossary

These securities are secured by mortgage collateral and are issued by private financial entities (sometimes called “private conduits”) with no guarantees by any government or government-sponsored agency. Some securities are issued by public offering (registered with the Securities and Exchange Commission, SEC), and others are marketed through private placement.

A pension fund that is regulated under private sector law.

A pension plan administered by an institution other than general government. Private pension plans may be administered directly by a private sector employer acting as the plan sponsor, a private pension fund or a private sector provider.
Private pension plans may complement or substitute for public pension plans. In some countries, these may include plans for public sector workers.

The sale of an issue of debt or equity securities to a single buyer or to a limited number of buyers without a public offering.

The private sector comprises private corporations, households and non-profit institutions serving households (NPISHs)

Track or set of tracks which are not managed by the infrastructure manager but are linked up with the track of an infrastructure manager so that:
-        Railway transport operators or supportive functions can perform necessary activities;
-        Industrial, commercial or port, etc. establishment or group of establishments can be served by rail without trans-shipment.

Track or set of tracks which do not belong to the railway enterprise but are linked up with the track of a railway enterprise so that an industrial, commercial or port, etc. establishment or group of establishments can be served by rail without trans-shipment.

The private storage measure, which aims to stabilise the market, requires the establishment of a storage contract, concluded with the intervention board of the EU member State concerned.

Private unincorporated enterprises are enterprises owned by individuals or households that are not constituted as separate legal entities independently of their owners, and for which no complete accounts are available that would permit a financial separation of the production activities of the enterprise from the other activities of its owner(s).

Private owners’ wagons, i.e. not belonging to the principal railway enterprise, but registered on and authorized to run on it under specified conditions, together with wagons hired out by the railway enterprise to third parties (private persons), and being operated as private owners’ wagons.

Privatisation refers to transfer of ownership and control of government or state assets, firms and operations to private investors.

Many types of measures to promote or achieve gender equality that are alternatives to a complaints-led model in being forward-looking requiring from bodies, such as public authorities and employers, to take the initiative rather than merely respond to complaints.

Reserves which are known to exist but where some doubt exists over whether they are technically or economically viable.

Is the implementation of a new or significantly improved production or delivery method. This includes significant changes in techniques, equipment and/or software.

The process weight is the total weight of all materials, including fuels, introduced into a manufacturing process. It is used to calculate the allowable rate of emission of pollutant matter from the process

A processing error is the error in final survey results arising from the faulty implementation of correctly planned implementation methods.

Fee which the World Bank has considered levying on the full amount of loan commitments. It would be similar in effect to a front-end fee.