Statistical Terms Glossary

Division of a loan (specifically adjustment loans) into several tranches. Release of tranches is conditional on specific agreed actions being carried out.

Stocks of fish that migrate across international boundaries or, in the case of the United States, across the boundaries between states or Fishery Management Council areas of control.

Revenues for passengers transport (paid) / Number of passengers (paid) .

Revenues of goods transported by charge (paid) / Number of kilometers crssed with chanrge (paid)

Transaction costs refer to the costs involved in market exchange. These include the costs of discovering market prices and the costs of writing and enforcing contracts. Transaction cost economics, as developed primarily by economists Coase and Williamson, suggests that economic organizations emerge from cost-minimizing behaviour (including transaction costs) in a world of limited information and opportunism. Transaction-cost analysis has been used to explain vertical integration, multinational enterprises, and franchising.

The index number property that makes the relative importance of each transaction involving the purchase of a final product dependent solely on its magnitude and not on the size of the country in which it occurred.

The prices actually paid by consumers to acquire goods or services.

A customary approach is to construct such prices by analogy with known market prices established under conditions that are considered essentially the same.

Transaction tax is a tax levied on the transaction of securities.

Transactions, for the most part between residents and non residents, consist of those involving goods, services and income; those involving financial claims on and liabilities to the rest of the world; and those classified as transfers, which involve offsetting entries to balance – in an accounting sense- one side transaction. A transaction itself is defined as an economic flow that reflects the creation, transformation exchange, transfer or extinction of economic value and involves changes in ownership of goods and/or financial assets, the provision of services, or the provision of labour and capital

A transaction is an economic flow that is an interaction between institutional units by mutual agreement or an action within an institutional unit that it is analytically useful to treat like a transaction, often because the unit is operating in two different capacities.

A transactions account shows, for a given transaction or group of transactions (for example, interest), resources and uses for each sector (or industry if relevant) engaged in this type of transaction, but it does not show direct relations between transacting sectors.

There are two principles that may serve as the basis for geographic allocation of financial flows: the debtor/creditor principle and the transactor principle. Under the transactor principle, transactions resulting from changes in the claims and liabilities are allocated to the country of residence of the non-resident party to the transaction (the transactor), even if this is not the country of residence of the direct investment enterprise or direct investor

Those that are of significant economic, trade and/or food security importance for a considerable number of countries; which can easily spread to other countries and reach epidemic proportions; and where control/management, including exclusion, requires cooperation between several countries.

Transboundary pollution is pollution that originates in one country but, by crossing the border through pathways of water or air, is able to cause damage to the environment in another country

TERENA offers a forum to collaborate, innovate and share knowledge in order to foster the development of Internet technology, infrastructure and services to be used by the research and education community.

A transfer is defined as a transaction in which one institutional unit provides a good, service or asset to another unit without receiving from the latter any good, service or asset in return as counterpart. A cash transfer consists of the payment of currency or transferable deposit by one unit to another without any counterpart. A transfer in kind consists either of the transfer of ownership of a good or asset, other than cash, or the provision of a service, again without any counterpart.

Transfer and payments to other private entities are government transfers and certain other payments (mainly subsidies) to other private entities (commercial companies and non-profit organisations).
These transfers and payments can take diverse forms, e.g., transfers to business or labour associations that provide adult education; subsidies to companies or labour organisations (or associations of such entities) that operate apprenticeship programmes; and interest rate subsidies or defaults guarantee payments to private financial institutions that provide student loans.

A provision that commits the debtor government to guarantee the immediate and unrestricted transfer of foreign exchange in all cases, provided that the private sector pays the local currency counterpart for servicing its debt.

A transfer in kind consists either of the transfer of ownership of a good or asset, other than cash, or the provision of a service, without any counterpart

Passengers arriving and departing on a different aircraft within 24 hours, or on the same aircraft bearing a different flight number. They are counted twice: once upon arrival and once upon departure.