HOUSEHOLDS


Meaning of HOUSEHOLDS in English

One of the institutional sectors in the European System of Accounts 1995 (ESA 95). The household sector covers individuals or groups of individuals as consumers, but also as entrepreneurs (i.e. sole proprietorships and partnerships). Non-profit institutions serving households are a separate institutional sector according to the ESA 95, although they are often reported together with households.

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.