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Glossary A-Z

 
occupation
Description

Occupation is classified according to Malaysia Standard Classification of Occupations (MASCO) based on the International Standard Classification of Occupations (ISCO). Occupation is classified according to the MASCO 2008 based on ISCO-08.
 


Source : Social Indicators
Source Detail : Informal Sector Workforce survey Report
ocean dumping
Description
Deliberate disposal of wastes at sea from  vessels, aircraft  platforms or other human-made structures. It includes ocean incineration and disposal into the seabed and sub-seabed.
Source : Environment
Source Detail : Compendium of Enviroment Statistics
on-life insurance claims
Description

Non-life insurance claims are the amounts payable in settlement of damages that result from an event covered by a non-life insurance policy during the current accounting period.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
operating lease
Description

An operating leasing is one where the legal owner is also economic owner and accepts the operating risks and receives the economic benefits from the asset by using it in a productive activity.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
operating surplus
Description

Operating surplus is described as mixed income because it implicitly contains an element of remuneration for work done by the owner, or other members of the household, that cannot be separately identified from the return to the owner as entrepreneur.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
other investment income
Description

Other investment income covers:

  • Income of the public sector namely, Federal Government, state government, statutory authorities, Bank Negara Malaysia and other government related agencies, which is to be received from or payable to foreign governments, central bank or international organization; and
  • Income of the private sector such as interest from loans, deposit and etc.

Source : External Sector
Source Detail : Quarterly Balance Of Payment
out migration rate
Description

The number of migrants departing from the state of origin for every 1,000 persons at the origin in a current year.


Source : Social Indicators
Source Detail : Migration Survey Report, Malaysia
out-migrants
Description

Those who have moved out of the state of origin to stay in another state.


Source : Social Indicators
Source Detail : Migration Survey Report, Malaysia
output
Description

Output is defined as the goods and services produced by an establishment, excluding the value of any goods and services used in an activity for which the establishment does not assume the risk of using the products in production, and excluding the value of goods and services consumed by the same establishment except for goods and services used for capital formation (fixed capital or changes in inventories) or own final consumption.

 

 

 

 

 


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
output produced for own final use
Description

Output for own final use consists of products retained by the producer for his own use as final consumption or capital formation.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)