Households

a social unit consisting of a group of people who live under one roof. There are many types of households, including the traditional nuclear family, single people living alone, adults sharing the rent, etc

It is an institutional units consisting of one individual or a group of individuals. All physical persons in an economy must belong to one and only one household. A multi-person household is defined as a group of persons who share the same living accommodation, who pool some, or all, of their income and wealth, and who consume certain types of goods and services collectively, mainly housing and food. In general each member of a household should have some claim on the collective resources of the household

Sources:

⠀ OECD (2013), “Household definitions in other statistical standards”, in OECD Guidelines for Micro Statistics on Household Wealth, OECD Publishing, Paris.