Definition: Cessation (of business)

Category: Business demography

The cessation of activities of a unit can occur either due to a (real) death of the unit, or due to other cessation by a merger, take-over, break-up or discontinuity point according to the continuity rules. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-RA-07-010-EN.pdf Eurostat, "Business registers. Recommendations manual", 2010
Source:
Eurostat and Organization for Economic Cooperation and Development (OECD), "Eurostat - OECD Manual on Business Demography Statistics (Edition 2007)", Methodologies and Working Papers, Office for Official Publications of the European Communities, Luxembourg, 2007
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