Resource centre

Family Resources Survey 2001-02

Assets and savings

Key definitions

For a full explanation of all definitions used in this survey please refer to the Glossary.  PDF

Below are the key definitions used in the assets and savings section. Where the definitions are short they are given, but longer definitions will refer you to the Glossary.  PDF

Any type of account

Any account or investment for which information is collected on the survey. See also other entries for categories used in tables, ie Current account, Post Office account, TESSA, Other bank/building society accounts, etc.

Economic status

See the Glossary for definition.  PDF

Ethnic group

The group to which respondents consider they belong. The FRS (harmonised) question has 15 categories. There are five main output categories. These are White, Mixed, Asian or Asian British, Black or Black British and Chinese or Other Ethnic Group.

For more information on harmonisation see Methodology section.

Family status

See the Glossary for definition.  PDF

Head of benefit unit

See the Glossary for definition.  PDF

This definition has changed in 2001-02. See the Introduction for details.

Head of household

See the Glossary for definition.  PDF

This definition has changed in 2001-02. See the Introduction for details.

Total weekly household income

Weekly income from all sources for all adults and children in the household.

The full derivation of this variable is available on request from the FRS Team, at the address listed in the Contact section.

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