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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.
Definition
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.
Definition
CDVC is a particular type of CDFI that specialises in equity investments as opposed to loan finance.
Definition
CDFIs lend and invest in deprived areas and underserved markets that cannot access mainstream finance.
Definition
Providing debt and equity finance (loans and shares) in communities or markets where mainstream financial services are weak and which are said to be 'undercapitalised'.
Definition
CITR offers a tax incentive to investors in accredited community development finance institutions (CDFIs). The tax incentive is available to individuals and companies.
Definition
A grant-making charity established to strengthen local communities, creating opportunities and tackling issues of disadvantage and exclusion.
Definition
A trust is an arrangement whereby a person or persons (the trustees) is made the nominal owner of property for the benefit of another person or group of people (the beneficiaries).
Definition
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.
Definition
Investing in the core costs of an organisation, such as its operational capacity and long-term sustainability, rather than supporting specific projects.

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