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Definition
The terms ‘trust’ and ‘foundation’ are often used interchangeably.
Definition
An expendable endowment fund is a fund that must be invested to produce income.
Definition
Mutual organisations that offer members a range of affordable savings, investments, insurances, pensions and specialist annuities.
Definition
See expendable endowment and permanent endowment .
Definition
Development trusts are organisations that are engaged in the economic, environmental and social regeneration of a defined area or community.
Definition
The overhead costs of an organisation, as opposed to those specific to a project.
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.

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