Abbreviations (2/9) - Grouped by first letter "O.."

50 Abbreviations Grouped by first letter.. "O.." ➔ Glossary of frequently used abbreviations...

Countries or jurisdictions with financial centers that contain financial institutions that deal primarily with nonresidents and/or in foreign currency on a scale out of proportion to the size of the host economy. Nonresident-owned or -controlled institutions play a significant role within the center. The institutions in the center may well gain from tax benefits not available to those outside the center. http://ec.europa.eu/eurostat/ramon/statmanuals/files/external_debt_guide_2003_EN.pdf#page=255
Equipment and devices installed and stationary in the sea outside the statistical territory of any Member State. http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2010:034:0001:0006:EN:PDF
Generally, offshoring is used to describe a business’s (or a government’s) decision to replace domestically supplied service functions with imported services produced offshore. http://stats.oecd.org/glossary/
Other financial intermediaries
"Oil and petroleum products" is a product aggregate equal to the sum of "Crude oil, NGL, refinery feedstocks, additives and oxygenates and other hydrocarbons" and "Oil products". https://ec.europa.eu/eurostat/web/energy/data/energy-balances International Recommendations for Energy Statistics (IRES)
"Oil and petroleum products (excluding biofuel portion)" is a product aggregate equal to the sum of "Crude oil, NGL, refinery feedstocks, additives and oxygenates and other hydrocarbons (excluding biofuel portion)" and "Oil products (excluding biofuel portion)". https://ec.europa.eu/eurostat/web/energy/data/energy-balances
Enterprise formed to carry out in one or more places activities for the production of oil pipeline transport services and whose main activities according to the value-added is transport by oil pipelines. Note: In terms of activity classifications the following classes are involved: - ISIC Rev. 3: 6030 - Transport via pipelines. - NACE Rev. 1: 60.30 - Transport via pipelines. Only units that actually carry out an activity during the reference period should be included. "Dormant" units or those that have not as yet begun their activity are excluded. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-BI-03-002-__-N-EN.pdf
All oil pipelines in a given area. Note: The territory of the area in question includes that part of the seabed allocated to it under a concession. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-BI-03-002-__-N-EN.pdf
Any movement of crude or refined liquid petroleum products in a given oil pipeline network. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-BI-03-002-__-N-EN.pdf
Pipes for the movement of crude or refined liquid petroleum products by pumping. Note: Branch lines are included as well as oil pipelines between the land and drilling platforms at sea. Excluded are oil pipelines whose total length is less than 50 km or whose inside diameter is less than 15 centimetres and oil pipelines used only for military purposes or located entirely within the site boundaries of an industrial operation, as well as oil pipelines that are entirely off-shore (i.e. located solely out in the open sea). International oil pipelines whose total length is 50 km or more are included even if the section in the reporting country is less than 50 km long. Oil pipelines consisting of two (or more) parallel pipelines are to be counted twice (or more). Only units which actually carry out an activity during the reference period should be considered. "Dormant" units or those not yet having begun their activity are excluded. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-BI-03-002-__-N-EN.pdf
Petroleum products is a product aggregate equal to the sum of refinery gas, ethane, liquefied petroleum gases, naphtha, motor gasoline, aviation gasoline, gasoline type jet fuel, kerosene type jet fuel, other kerosene, gas/diesel oil, fuel oil, white spirit ad SPB, lubricants, bitumen, paraffin waxes, petroleum coke and other products. Blended biofuels are included. https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32008R1099 Relationships between products and flows of energy balancesInternational Recommendations for Energy Statistics (IRES)
Petroleum products is a product aggregate equal to the sum of refinery gas, ethane, liquefied petroleum gases, naphtha, motor gasoline, aviation gasoline, gasoline type jet fuel, kerosene type jet fuel, other kerosene, gas/diesel oil, fuel oil, white spirit ad SPB, lubricants, bitumen, paraffin waxes, petroleum coke and other products. https://ec.europa.eu/eurostat/web/energy/data/energy-balances
Oil shale and oil sands are sedimentary rock which contains organic matter in the form of kerogen. Kerogen is a waxy hydrocarbon-rich material regarded as a precursor of petroleum. Oil shale may be burned directly or processed by heating to extract shale oil.
Oil shale and oil sands are sedimentary rock that contains organic matter in the form of kerogen. Kerogen is a waxy hydrocarbon-rich material regarded as a precursor of petroleum. Oil shale may be burned directly or processed by heating to extract shale oil. Shale oil and other products derived from liquefaction should be reported as other hydrocarbons within petroleum products. https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32008R1099 Relationships between products and flows of energy balancesInternational Recommendations for Energy Statistics (IRES)
Income maintenance and support in cash or kind (except health care) in connection with old age. This definition is identical in versions 1996, 2008 and 2011 of the Manual http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-RA-11-014-EN.pdf Eurostat, "ESSPROS Manual 2008"Eurostat, "ESSPROS Manual 1996"
Periodic payments intended to i) maintain the income of the beneficiary after retirement from gainful employment at the legal/standard age or ii) support the income of elderly persons (excluding support of limited duration). This definition is identical in versions 1996, 2008 and 2011 of the Manual. This definition is also used in the Commission Regulation (EC) No 1980/2003 of 21 October 2003 implementing Regulation (EC) No 1177/2003 of the European Parliament and of the Council concerning Community statistics on income and living conditions (EU-SILC) as regards definitions and updated definitions. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-RA-11-014-EN.pdf Eurostat, "ESSPROS Manual 2008"Eurostat, "ESSPROS Manual 1996"Regulation (EC) No 1980/2003 (EU-SILC)
Old-age and survivors' pensions cover pensions or benefits relating to old-age or retirement from the following schemes: basic (first pillar), supplementary (second pillar), personal (third pillar), means tested welfare, early retirement and other old-age related schemes. It also includes widow's pension from the three pillars and from the means tested welfare scheme, and other widow's benefits, and orphan's pensions or allowances.
The old-age function refers to the provision of social protection against the risks linked to old age, loss of income, inadequate income, lack of independence in carrying out daily tasks, reduced participation in social life and so on. Old-age benefits cover benefits that provide a replacement income when the aged person retires from the labour market, or guarantee a certain income when a person has reached a prescribed age. It includes: - old-age pensions: periodic payments intended to maintain the income of the beneficiary after retirement from gainful employment at the standard age or support the income of old persons, - anticipated old-age pensions: periodic payments intended to maintain the income of beneficiaries who retire before the standard age as defined in the relevant scheme or in the scheme of reference. This may occur with or without a reduction of the normal pension, - partial retirement pensions: periodic payment of a portion of the full retirement pension to older workers who continue to work but reduce their working hours or whose income from a professional activity is below a defined ceiling, - care allowances: benefit paid to old people who need frequent or constant assistance to help them meet the extra costs of attendance (other than medical care) when the benefit is not a reimbursement of certified expenditure, - survivors' benefits paid after the standard retirement age, - disability cash benefits paid after the standard retirement age, - lump-sum payments at the normal retirement date, - other cash benefits: other periodic and lump-sum benefits paid upon retirement or on account of old age, such as capital sums paid to people who do not fully meet the requirements for a periodic retirement pension, or who were members of a scheme designed to provide only capital sums at retirement. It does not include: - family allowances for dependent children (which are included under "Family/children-related allowances" (HY050G)), - early retirement benefits paid for labour-market reasons or in case of reduced capacity to work (they are included respectively under "Unemployment benefits" (PY090G) or under "Disability benefits" (PY130G)), - benefits paid to old people who need frequent or constant assistance to help them meet the extra costs of attendance when the benefits are reimbursed against a certified expenditure. http://ec.europa.eu/eur-lex/pri/en/oj/dat/2003/l_298/l_29820031117en00010022.pdf
Periodic payments intended to maintain the income of the beneficiary after retirement from gainful employment at the standard age or support the income of old persons. http://ec.europa.eu/eur-lex/pri/en/oj/dat/2003/l_298/l_29820031117en00010022.pdf
Traffic on a commercial air service identified by a unique flight number subdivided by airport pairs in accordance with point of embarkation and point of disembarkation on that flight. http://ec.europa.eu/eur-lex/pri/en/oj/dat/2003/l_194/l_19420030801en00090033.pdf
Traffic on a given flight with the same flight number subdivided by airport pairs in accordance with point of embarkation and point of disembarkation on that flight. For passengers, freight or mail where the airport of embarkation is not known the aircraft origin should be deemed to be the point of embarkation; similarly if the airport of disembarkation is not known the aircraft destination should be deemed to be the point of disembarkation.
An institutional unit within an economy might borrow funds from a nonresident(s) and then on-lend the funds to a second institutional unit within the economy. In such instances, the first institutional unit—that is, the institutional unit that borrowed from the nonresident(s)—should record an external debt liability, with any subsequent on-lending classified as a domestic claim/liability. The decisive consideration is whether the creditor has a claim on the debtor, and in this example the nonresident creditor has a claim on the first institutional unit. If an institutional unit within an economy borrowed from a nonresident(s) and on-lent the funds to a nonresident, the unit should record both external debt and an external claim. The nonresident borrower would also record an external debt liability in that economy’s measure of external debt. http://ec.europa.eu/eurostat/ramon/statmanuals/files/external_debt_guide_2003_EN.pdf#page=227
Correcting the values in erroneous data items of a previously checked data set on a video terminal. http://www1.unece.org/stat/platform/display/kbase/Glossary
Production of electricity by wind in locations on-shore (inland, including lakes and other bodies of water located inland). https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32008R1099 Relationships between products and flows of energy balances
Facility that has been established on the premises of several National Statistical Institutes (NSIs). It is a place where external researchers can be permitted access to potentially disclosive data under contractual agreements which cover the maintenance of confidentiality, and which place strict controls on the uses to which the data can be put. The on-site facility can be seen as a "safe setting" in which confidential data can be analysed. The on-site facility itself would consist of a secure hermetic working and data storage environment in which the confidentiality of the data for research can be ensured. Both the physical and the IT aspects of security would be considered here. The on-site facility also includes administrative and support facilities to external users, and ensures that the agreed conditions for access to the data were complied with. http://ec.europa.eu/eurostat/ramon/statmanuals/files/SDC_Handbook.pdf
A quality indicator of postal service showing the share of letters delivered within the time limits defined by the national performance indicators in the total of all letters sent. http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Glossary:On-time_delivery_of_priority_letter Statistics Explained, a distinct section of the official Eurostat website presenting all statistical topics in an easily understandable way, Postal statistics
A model of depreciation, in which the durable delivers the same services for each vintage: a chair is a chair, no matter what its age (until it falls to pieces and is scrapped). Also known as the light bulb model of depreciation. http://www.ilo.org/public/english/bureau/stat/guides/cpi/index.htm
One-off guarantees consist of those where the loan or the security is so particular that it is not possible for the degree of risk associated with the debt to be calculated with any degree of accuracy (§ 17.212). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf
Nuclear household, consisting entirely of a single family nucleus http://unstats.un.org/unsd/cdb/cdb_list_dicts.asp
Formal specification of a conceptualisation, i.e. the objects, concepts and other entities that are assumed to exist in some area of interest and the relationships that hold among them. http://www.unece.org/fileadmin/DAM/stats/publications/53metadaterminology.pdf Stanford University
This category covers action grants that are open to the public. http://ec.europa.eu/eurostat/ramon/coded_files/Subvention_2006_EN.htm
Standard that enables the data to be freely accessed, used, modified, and shared for any purpose (subject, at most, to requirements that preserve provenance and openness). https://ec.europa.eu/eurostat/ramon/statmanuals/files/CoP_2017_Glossary.pdf Eurostat, "European Statistics Code of Practice", revised edition 2017, Luxembourg: Publications Office of the European Union, 2018
Open information sources provide access to knowledge without the need to pay for the knowledge itself, although there may be marginal fees for access (membership in trade associations, attendance at conferences, subscriptions to journals). http://ec.europa.eu/eurostat/ramon/statmanuals/files/9205111E.pdf
denotes the flow of innovation-relevant knowledge across the boundaries of individual organisations. This notion of “openness” does not necessarily imply that knowledge is free of charge or exempt from use restrictions. http://ec.europa.eu/eurostat/ramon/statmanuals/files/Oslo_manual_2018_en.pdf
Non-built-up land the surface of which either is not covered at all by vegetation or scarcely covered by some vegetation, which precludes its inclusion in other categories of the classification, as there are: Bare rocks; Glaciers and perpetual snow; Sand-beaches, dunes, other sandy land; and others n.e.s..
Funds that support at least one plan with no restriction on membership. http://ec.europa.eu/eurostat/ramon/statmanuals/files/oecd_pension_class_and_gloss_en_and_fr.pdf
The fundamental principle of the Open Source Licensing is that it prohibits anyone from exclusively exploiting a given piece of work. In order to reflect this, a legal framework was originally developed to guarantee the openness by a certain set of principles. The principles as defined by the Free Software Foundation : The freedom to run the program, for any purpose (freedom 0) The freedom to study how the program works, and adapt it to your needs (freedom 1) Access to the source code is a precondition for this The freedom to redistribute copies so you can help your neighbour (freedom 2) The freedom to improve the program and release your improvements to the public, so that the whole community benefits (freedom 3). Access to the source code is a precondition for this. http://www.semic.eu/semic/view/snav/library/Glossary.xhtml
Non-wooded sites either partially, temporarily or permanently water-logged, the water of which may be fresh, brackish or saline, on blanket or raised peatlands. The water may be either stagnant or running, and is usually shallow, especially if it is saline. (see also: Mires, Wet tundra and Other wet open land)
Question that let respondent answer using their own words https://ec.europa.eu/eurostat/cros/content/memobust-glossary-pdf-file_en
The opening balance sheet records the value of assets and liabilities held by units at the start of the accounting period. These items are categorised on the basis of the classification of assets and liabilities. They are valued at prices current at the start of the accounting period. The difference between assets and liabilities - the balancing item in the account - is the net worth at the start of the accounting period. http://ec.europa.eu/eurostat/product?code=CA-15-96-001&mode=view
Operating costs linked to buildings and equipment consist of: Costs related to buildings, including - rents, payments for energy for heating and electricity and the maintenance and repair of buildings, - operating leasing payments; Expenses related to equipment, including - payments for maintenance and repair of all machines (including computers and vehicles) and the cost of renting, - payments for operational leasing of machines. This heading forms part of "Purchases of goods and services". http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:1998:344:0049:0080:EN:PDF
Operating expenses for enterprises in the distributive trades can be broken down by economic function into: - Purchases of goods and services purchased for resale in the same condition as received; - Personnel costs; - Cost of selling; - Operating costs linked to buildings and equipment; - Other operating costs.
Operating expenses (gross) comprise acquisition costs, change in deferred acquisition costs, administrative expenses minus reinsurance commissions and profit participation.
Lease whereby the legal owner is also the economic owner and accepts the operating risks and receives the economic benefits from the asset by charging for the use of it, in a productive activity. http://ec.europa.eu/eurostat/product?code=KS-02-13-269&mode=view European Union, Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union, Official Journal of the European Union No L 174, 26.06.2013, p. 1 - 727
The lessee acquires the right to use a durable good for a certain period of time, which may be long or short and not necessarily settled in advance. When the leasing period expires, the lessor expects to receive his good back in more or less the same condition as when he hired it out, apart from normal wear and tear. The lessor is then likely to hire out the good to another lessee or to use it otherwise. Thus, the leasing period does not cover all, or a predominant part of, the good's economic lifetime. http://ec.europa.eu/eurostat/product?code=CA-15-96-001&mode=view
See: Gross operating surplus
For the purposes of structural business statistics, operating subsidies can be separated into two groups. Subsidies on products are subsidies payable per unit of a good or service. The subsidy may be a specific amount of money per unit of a good or service or it may be calculated ad valorem as a specified percentage of the price per unit. A subsidy on a product usually becomes payable when the good or service is produced, sold or imported, but it may also be payable in other circumstances such as when a good is transferred, leased, delivered or used for own consumption or own capital formation. Subsidies linked to production are subsidies received by a unit which are not linked to the quantity or the value of goods produced or sold. Notably these subsidies include subsidies on the payroll and workforce, subsidies for environmental protection and grants for interest relief. Investment subsidies are excluded.
The operating surplus corresponds to the income which the units obtain from their own use of their production facilities. http://ec.europa.eu/eurostat/product?code=CA-15-96-001&mode=view
See: Enterprise
The operational database is the main memory in which the collected statistical information is stored in its original version. It falls between data collection and data compiling. It is the target database for data collection and the source database for subsequent processing and for producing final statistical figures. It contains data lines referring to single transactions and accumulations of identical transactions. They refer to various reference periods.
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