Glossary
Glossary
You might find some of these definitions helpful.
All tangible assets which cannot easily be converted into cash. These are usually held for a long period, such as real estate, equipment, and other physical property.
Voluntary organisation which benefits the public in a way the law says is charitable (Charity Commission definition).
An autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.
Under FCR organisations and their funders ensure that the price of contracts and grants reflects the full costs of delivery, including the legitimate portion of overhead costs.
A method of grant-making whereby an investment is made in a charity or other organisation with the express purpose of attracting funds or other support from additional sources.
An organisation which uses all money earned or donated to pursue its objectives, and does not distribute profits to owners. In the UK the term not-for-profit is more commonly used with the same meaning. Most nonprofits operate with a social purpose.
The collective name for charities, voluntary, non-government and campaigning organisations. Also known as the voluntary and community sector (VCS).
Total return refers to the overall benefit of an investment. It includes both income and capital growth.
An organisation which offers support to, and coordination of charities sharing a common interest (i.e. in a particular sector or geography). Umbrella groups are often membership bodies.