Definition: Work in progress

Category: ESA 1995

Goods and services that are partially completed but that are not usually turned over to other units without further processing or that are not mature and whose production process will be continued in a subsequent period by the same producer (Annex 7.1: Definition of each asset category).

Work-in-progress consists of output produced that is not yet finished (§ 3.119). http://ec.europa.eu/eurostat/product?code=CA-15-96-001&mode=view Paragraph 3.119
Source:
Eurostat, "European System of Accounts - ESA 1995", Office for Official Publications of the European Communities, Luxembourg, 1996
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