Statistical Terms Glossary

The final product or quantity in two or more countries that is valued at common prices and, therefore, valued in comparable terms internationally.

Real-time communications (RTC) is any mode of telecommunications in which all users can exchange information instantly or with negligible latency. In this context, the term "real-time" is synonymous with "live."

National final expenditures on GDP that have been converted to a common currency and valued at a uniform price level with PPPs. Expenditures so converted reflect only volume differences between countries.

Nominal wages index corrected for changes in purchasing power measured by the consumer price index (100*nominal wage index/consumer price index).

Are defined as the goods and services which can be purchased with wages or are provided as wages.

A real-time gross settlement system (RTGS) is a settlement system in which processing and settlement take place on an order-by-order basis (without netting) in real time (continuously)

A change in the estimation of the quantity of (recoverable) subsoil resources due either to new information or technology or price changes.

Necessary and appropriate modification and adjustments not imposing a disproportionate or undue burden, where needed in a particular case, to ensure to persons with disabilities the enjoyment or exercise on an equal basis with others of all human rights and fundamental freedoms.

A discount paid to the customer after the transaction has occurred.

An act of booting a computer system again.

With loans made prior to the introduction of the currency pool, each loan was disbursed in the currencies available at that time. As regards repayment of the loan, the Bank determines the order in which currencies shall be repaid (usually according to which currency has the most attractive investment potential). The choice of currency by the Bank for repayment purposes is called recall.

Altering the capital structure of a corporation by increasing or decreasing its capital stock.

Clause in a loan agreement that allows a lender to recover part or all of his previously lent assets if economic circumstances improve.

Facility constructed within highly permeable soils that provides temporary storage of stormwater runoff. An infiltration basin does not normally have a structural water outlet and instead, outflow is through the surrounding soil.

Reciprocity is a form of bilateral (or multilateral) arrangement between firms to bestow favourable terms on, or buy and sell from, each other to the exclusion of others. This may have the effect of limiting competition and/or preventing the entry of firms into certain markets.