Home
E-Mail
Latest

Grant To The Budget Financial Glossary

What is it? For Integrated Projects and other instruments, with the exception of those which require a public procurement procedure and those for which a lump sum contribution is made, the Community financial contribution shall take the form of a grant to the budget. It is calculated as a percentage of the costs estimated by the participants to carry out the project, adapted according to the type of activity (research, demonstration, training...) permitted by the instrument and taking into account the cost model used by the participant concerned.

Finance Term Definition Added By: Owen

The Grant To The Budget definition has been viewed 1860 Time(s)!




Send To Friends!

If you'd like to send the Grant To The Budget definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Grant To The Budget. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Ginnie Mae is A federal association, working with FHA, that offers special assistance in obtaining mortgages, and purchases mortgages in a secondary capacity. Ginnie Maes two main programs guarantee payments to investors in mortgage-backed securities, and absorb the write-down of low-interest rate loans that are used to finance low-income housing. Formerly known as the Government National Mortgage Association (GNMA).

Financial Term defeasance is The legal release of a debtor from being the primary obligor under the debt, either by the courts or by the creditor. Also called legal defeasance.

Financial Term Closing Agent/Attorney is A closing agent or attorney assures that all documentation related to the sale of a house has been completed properly, including the title search and title insurance. The closing agent explains all closing documents to the buyer and the seller, obtains their signatures where necessary and records the documents.

Financial Term Current Commitment is Amount remaining on an encumbrance.

Financial Term BGC is Bank Giro Credit - a one-off payment to an organisation or individual.