FISIM definition

FISIM means Financial Intermediation Services Indirectly Measured.
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Examples of FISIM in a sentence

  • The results are later added to the provisional estimates without FISIM.

  • The calculation of financial intermediation services indirectly measured (FISIM) is done separately on a detailed level.

  • The intermediate consumption of activities auxiliary to financial services, except insurance and pension funding, is the sum of commission expenses, administrative expenses except staff costs, operating expenses and other expenses; income in kind is excluded and FISIM is included.

  • The intermediate consumption of financial service activities, except insurance and pension funding, is the sum of commission expenses, administrative expenses except staff costs, operating expenses, other expenses and non-market output of the central bank, plus FISIM; income in kind is excluded.

  • Input for EAA is also received from the Economic and Environmental Statistics Department (GFCF, CFC, FISIM, and agricultural input and output price indices).

  • Calculated values of FISIM are recorded in national accounts in the following way: - for producers of FISIM (S.122 and S.123) – as output (P.1), - for consumers of FISIM (non-financial corporations S.11, financial auxiliaries S.124, insurance corporations S.125, general government S.13, households S.14, non-profit institutions S.15) – as intermediate consumption (P.2) or final consumption (P.3), - for rest of world (S.2) – as exports (P.6) or imports (P.7).

  • In the case of Outpatient Prescription Drug benefits, the Plan uses the Provider’s Allowable Price for this calculation.

  • A Council Regulation No 448/98 defined basic rules of calculation and allocation of FISIM in national accounts and introduced four-year trial calculations.

  • Allocation of FISIM among industries – based on stocks of loans and deposits for each industry, or on the output for each industry; According to the decision of Council FISIM is calculated only on loans and deposits granted by financial intermediaries S.122 and S.123.

  • Two approaches to deflate FISIM should be considered as B methods.

Related to FISIM

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Growler means any fillable, sealable container complying with federal law.

  • DARO means "days after the effective date for award of the contractual action".

  • Tabarru ” means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • Lacquer means a clear or opaque wood coating, including clear lacquer sanding sealers, formulated with cellulosic or synthetic resins to dry by evaporation without chemical reaction and to provide a solid, protective film.