Glossary A-Z
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P
price
<p style="text-align: justify;">The price of a good or service is defined as the value of one unit of that good or service.</p>
Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
price index
<p style="text-align: justify;">A price index is an average of the proportionate changes in the prices of a specified set of goods and services between two periods of time.</p>
Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
primary incomes
<p style="text-align: justify;">Primary income cover two types of transactions namely compensation of employees and investment income between residents and non-residents. Compensation of employees refer to wages, salaries, and other benefits (in cash or in kind) earned by resident workers working abroad or paid to non-resident wokers working in Malaysia.</p> <p style="text-align: justify;">Investment income involves income receipts and payments on external financial assets and liabilities. </p> <p> </p>
Source : External Sector
Source Detail : Quarterly Balance of Payments
private households
<p style="text-align: justify;">Households living in private living quarters belonging to the category known as housing units, which include houses, flats and apartments, rooms (having direct access), temporary/improvised huts and other such unit, which are not occupied by institutional or non-private households.</p>
Source : Population & Demographic
Source Detail : Population and Housing Census, Characteristics of Household
private limited company
<p style="text-align: justify;">This is a private corporation established to undertake a business with the objective of making a profit. The shares are closely held by shareholders of the corporation who has control over its operation. It is registered with limited liability. A private limited company has its Memorandum and Articles of Association, which among others:</p> <p>a. Restricts the righ to transfer its shares;</p> <p>b. Limits the number of its shareholder between two to fifty (not including employees of the company and past employees who are currently members);</p> <p>c. Prohibits any invitation to the public to subscribe for any share or debenture of the company; and</p> <p>d. Prohibits any invitation to the public to deposit money with the company for fixed periods or payable at call with or without interest.</p>
Source : Services
Source Detail : Services Statistics, Information and Communications
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