Definition: Economic entity

Category: Classifications

Legal or social entity, or a group of entities, that engage(s) in economic activities and transactions in its/their own right, such as corporations, non-profit institutions or government units. https://ec.europa.eu/eurostat/ramon/coded_files/UN_glossary_of_classification_terms_short.pdf
Source:
United Nations, "UN Glossary of Classifications Terms", Short version approved by the Expert Group on International Economic and Social Classifications as a working document (+/- 2015)
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