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Definitions / f

Financial corporations sector
Description:

This sector consists of all resident corporations and quasi-corporations whose principal activity is financial intermediation or facilitating financial intermediation. In addition, it includes NPIs engaged in market production of a financial nature (e.g., insurance), including those financed by subscriptions from financial enterprises whose role is to promote and serve the interests of those enterprises (art 4.8).

First-generation migrants
Description:

those persons whose place of birth is outside Curaçao and who have migrated to Curaçao at some point in their life. The first-generation migrant population is equal to the foreign-born population.

Keywords: foreign-born persons, migrants, migranten, first-generation migrant
Foreign Exchange
Description:

Foreign-exchange reserves (also called forex reserves or FX reserves) is money or other assets held by a central bank or other monetary authority so that it can pay if necessary its liabilities, such as the currency issued by the central bank, as well as the various bank reserves deposited with the central bank by the government and other financial institutions. 

Frictional unemployment
Description:

occures when people move into and out of jobs, such as unemployment college graduates searching for a job, family caregivers returning to the labor force and employees quitting their jobs prior to obtaining a new one (levine, 2013)

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