SIS Financial Glossary

What is it? Staff incentive scheme

Finance Term Definition Added By: Luke

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Other Similar Finance Terms:

Financial Term Billing authority is The local authority, which collects the Council Tax. In Warwickshire, the district or borough council is the billing authority.

Financial Term Capitalisation is The market value of a company calculated by multiplying the number of shares by the current share price.

Financial Term Title IV Programs is Those federal student aid programs authorized under Title IV of the Higher Education Act of 1965, as amended. Includes the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Work-Study, Federal Perkins Loan, Federal Stafford Loan, Federal PLUS Loan, Direct Loan, Direct PLUS Loan, and SSIG.

Financial Term CRAFT is See Co-operative research project (for SMEs)

Financial Term Vendor ID is Code and name of the vendor supplying the commodities or services. Depending on the document type, a search can be performed on the identification code for the vendor. Use the code lookup. If a code doesnt already exist, request one from Purchasing through the non-printable document text of a requisition.