Boarding house in the context of "Household final consumption expenditure"

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⭐ Core Definition: Boarding house

A boarding house is a house (frequently a family home) in which lodgers rent one or more rooms on a nightly basis and sometimes for extended periods of weeks, months, or years. The common parts of the house are maintained, and some services, such as laundry and cleaning, may be supplied. It normally provides "room and board," with some meals as well as accommodation.

Lodgers legally obtain a licence, not exclusive possession, to use their rooms and so the landlord retains the right of access.

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👉 Boarding house in the context of Household final consumption expenditure

Household final consumption expenditure (HFCE) is a transaction of the national account's use of income account representing consumer spending. It consists of the expenditure incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant. It also includes various kinds of imputed expenditure of which the imputed rent for services of owner-occupied housing (imputed rents) is generally the most important one. The household sector covers not only those living in traditional households, but also those people living in communal establishments, such as retirement homes, boarding houses and prisons.

The above given definition of HFCE includes expenditure by resident households on the domestic territory and expenditure by resident households abroad (outbound tourists), but excludes any non-resident households' expenditure on the domestic territory (inbound tourists). From this national definition of consumption expenditure may be distinguished the household final consumption expenditure according to the domestic concept which includes household expenditure made on the domestic territory by residents and inbound tourists, but excludes residents' expenditure made abroad.

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Boarding house in the context of Homelessness

Homelessness, also known as houselessness or being unhoused or unsheltered, is the condition of lacking stable, safe, and functional housing. It includes living on the streets, moving between temporary accommodation with family or friends, living in boarding houses with no security of tenure, and people who leave their homes because of civil conflict and are refugees within their country.

The legal status of homeless people varies from place to place. Homeless enumeration studies conducted by the government of the United States also include people who sleep in a public or private place that is not designed for use as a regular sleeping accommodation for human beings. Homelessness and poverty are interrelated. There is no standardized method for counting homeless individuals and identifying their needs; consequently, most cities only have estimated figures for their homeless populations.

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Boarding house in the context of Household

A household consists of one or more persons who live in the same dwelling. It may be of a single family or another type of person group. The household is the basic unit of analysis in many social, microeconomic and government models, and is important to economics and inheritance.

Household models include families, blended families, shared housing, group homes, boarding houses, houses of multiple occupancy (UK), and single room occupancy (US). In feudal societies, the royal household and medieval households of the wealthy included servants and other retainers.

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Boarding house in the context of House system

The house system is a traditional feature of schools in the United Kingdom. The practice has since spread to Commonwealth countries as well as other former British colonies. The school is divided into units called "houses" and each student is allocated to one house at the moment of enrollment. Houses may compete with one another in sport and in other ways, thus providing a focus for group loyalty.

Historically, the house system has been associated with public schools in England, especially boarding schools, where a "house" referred to a boarding house at the school. In this case, the housemaster or housemistress in charge of the house is in loco parentis to the pupils who live in it, even though the house normally has a separate "private side" in which they can live a family life. Such an arrangement still continues in most boarding schools, while in day schools the word house is likely to refer to a grouping of pupils, rather than to a particular building.

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