HomeSNAISWGNAKnowledge BaseData Publications
You are here:   SNA >> 1993 SNA >> Glossary

Glossary of the 1993 SNA - Definition of Term

TermNet equity of households in life insurance reserves and in pension funds
DefinitionNet equity of households in life insurance reserves and in pension funds consists of reserves held against life insurance and annuity policies by insurance enterprises, whether mutual or incorporated, and by pension funds; these reserves are considered to be assets of the policyholders and not of the institutional units that manage them.
TablesAnnex 13.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
About  |  Sitemap  |  Contact Us
Copyright © United Nations, 2024