Statistical Terms Glossary

The country of a parent owned vessel corresponds to the nationality of the company having a controlling interest in the direct owner.

Where the registered owner of a vessel is a bank or finance company, the country of the ‘group beneficial owner’ rather than that of the bank or finance company is used. The ‘group beneficial owner’ is the organisation with the controlling shipping interest in the vessel.

Is the country in which a person lives, that is to say, the country in which he or she has a place to live where he or she normally spends the daily period of rest.

The country or region of ports where transported goods are loaded or passengers embark on a vessel.

The country or region of ports where transported goods are unloaded or passengers disembark from a vessel.

Requires labelling for muscle cuts and ground beef, veal, lamb, pork, goat, chicken, farm-raised and wild fish, shell fish, fresh and frozen fruits and vegetables, peanuts, pecans, macadamia nuts and ginseng that states the country of origin. This mandatory measure was implemented March 16, 2009, by USDA’s Agricultural Marketing Service. In the case of imported products, the food label indicates where it started, was grown/raised and processed. For example, a meat label for pork might read, “From hogs born in Canada, raised and slaughtered in the United States.”.

Is the multilateral method used by the ICP to obtain transitive PPPs at the basic heading level through regression analysis.

This test is satisfied if, when country j is taken as the base country, the price or quantity index for countries j and k is the reciprocal of the index when country k is the base country. For example, Ij/k* Ik/i = 1. where I is a price or quantity index.

means the rolling over of vehicles as a result of the vehich leaning on one of its sides which leads to caps or rolling over its roof and may lead to death

A slip attached to a bearer bond, which can be detached and exchanged for an interest payment or dividend due at a specific date. Also used to describe the nominal annual rate of interest which a borrower promises to pay the holder of a fixed income security. Colloquially, in the U.S. domestic market, used to describe a U.S. Treasury note or bond.

Bond with coupon attached. Also called bearer bond.

The yield obtained from the difference between the purchase price and the face value of a short-term noninterest-bearing instrument, expressed as a percentage, determined by the difference divided by the purchase price.

Note with coupon attached.

Paper with coupon attached

Interest to be paid regularly on the face value of a long-term debt instrument.

Type of Interest rate swap involving fixed rate to floating rate swap.

The Cournot model of oligopoly assumes that rival firms produce a homogenous product, and each attempts to maximize profits by choosing how much to produce. All firms choose output (quantity) simultaneously. The basic Cournot assumption is that each firm chooses its quantity, taking as given the quantity of its rivals. The resulting equilibrium is a Nash equilibrium in quantities, called a Cournot (Nash) equilibrium.

Unit of instruction comprising a sequence of educational activities in a particular field or range of related fields of education. This can also be referred to as a ‘module’, ‘unit’ or ‘subject’.

Provision of export credit guarantee or insurance against risks of payment delays or non-payments relating to export transactions. Cover is usually, though not always, provided for both commercial risk and political risk. In most cases, cover is not provided for the full value of future debt-service payments; the percentage of cover is typically between 90 percent and 95 percent.

A crop grown to prevent soil erosion by covering the soil with living vegetation and roots that hold on to the soil. Cover crops are also grown to help maintain soil organic matter and increase nitrogen availability (green manure crop), and to “hold on” to excess nutrients (a catch crop) still in the soil, following an economic crop. Other benefits of cover crops include weed suppression and attraction of beneficial insects.

The term "coverage" encompasses the descriptions of key dimensions delimiting the statistics produced, e.g. geographical, institutional, product, economic sector, industry, occupation, transaction, etc., as well as relevant exceptions and exclusions. The term Coverage describes the scope of the data compiled, rather than the characteristics of the survey.

The set of goods and services of which the prices are actually included in the index. For practical reasons, coverage may have to be less than the ideal scope of the index, that is, the set of goods and services that the compilers of the index would prefer to include if it were feasible.

Coverage specifies the population from which observations for a particular topic can be drawn.

Coverage error is a bias in a statistic that occurs when the target population does not coincide with the population actually sampled. The source of the coverage error may be an inadequate sampling frame or flaws in the implementation of the data collection. Coverage error results because of under coverage and over coverage. Under coverage occurs when members of the target population are excluded. Over coverage occurs when units are included erroneously.

Coverage errors arise from failure to cover adequately all components of the population being studied. Incomplete sampling frames often result in coverage errors

The debt service or arrears rescheduled. Comprehensive coverage implies the inclusion of most or all eligible debt service and arrears.

Shows the rate of apparent consumption covered by the national production.

The coverage ratio measures the extent to which observations designated as primary to a particular category are undertaken by units primarily involved with the observations related to that category.
In industry statistics, the coverage ratio is the output of goods and services characteristic of a particular industry in proportion to the total output of the same goods and services by the economy as a whole.

Covered by public-insurance programme that protects against various economic risks (e.g., loss of income due to sickness, old age, or unemployment).

Investing dollars in an instrument denominated in a foreign currency and hedging the resulting foreign exchange risk by selling the proceeds of the investment forward for dollars.