Glossary A-Z
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F
financial lease
A financial lease is a contract between lessor and lessee whereby the lessor purchases a good that is put at the disposal of the lessee and the lessee pays rentals that enable the lessor, over the period of the contract to cover all or virtually all costs, including interest
Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
finished goods - inventories
Inventories of finished goods consist of goods that are ready for sale or shipment by the producer but which are still held by the producer.
Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
fixed asset - existing
An existing fixed asset is one which has already been acquired by at least one resident user, or produced on own account, and whose value has, therefore, already been included in the gross fixed capital formation of at least one user at some earlier point in time in the current or some previous accounting period.
Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
flood
A body of water, rising, swelling and overflowing land not usually thus covered. Also, overflowing of the bank of a stream, lake or drainage system of water onto adjacent land as a result of storm tidal action and channel obstruction.
Source : Environment
Source Detail : Compendium of Environment Statistics
flora
All plant life.
Source : Environment
Source Detail : Compendium of Environment Statistics
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