households

What is households?

households definition and meaning on Finance terms:
One of the institutional sectors in the European System of Accounts 2010 (ESA 2010). The household sector covers individuals or groups of individuals as consumers, but also as entrepreneurs (i. e. sole proprietorships and partnerships). Non-profit institutions serving households are a separate institutional sector according to the ESA 2010, although they are often reported together with households. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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