Glossary A-Z
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P
price
The price of a good or service is defined as the value of one unit of that good or service.
Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
price index
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.
Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
primary incomes
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.
Investment income involves income receipts and payments on external financial assets and liabilities.
Source : External Sector
Source Detail : Quarterly Balance of Payments
private households
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.
Source : Population & Demographic
Source Detail : Population and Housing Census, Characteristics of Household
private limited company
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:
a. Restricts the righ to transfer its shares;
b. Limits the number of its shareholder between two to fifty (not including employees of the company and past employees who are currently members);
c. Prohibits any invitation to the public to subscribe for any share or debenture of the company; and
d. Prohibits any invitation to the public to deposit money with the company for fixed periods or payable at call with or without interest.
Source : Services
Source Detail : Services Statistics, Information and Communications
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