Budget Financial Glossary
What is it? See Cost of Attendance.Finance Term Definition Added By: Kaylee
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Financial Term Contract Preparation Forms is For successful proposals, the Commission will enter into negotiations to prepare a contract. The necessary administrative information from the consortium is collected in a set of forms, called Contract Preparation Forms (CPFs). For preparing these forms, coordinators have to use a software called CPF editor (to be downloaded at http//www.cordis.lu/fp6/find-doc.htm#cpf) . The electronic templates for the CPFs, pre-filled with data from the proposal, will be sent to the coordinator together with the letter opening the contract negotiation.Financial Term STB is Short term buy
Financial Term Profit is Net income minus expenses. An accounting of income and expenses for a specified period. Also called an income statement.
Financial Term Cover Note is A temporary certificate confirming that an insurance policy is in force.
Financial Term draft is A written order drawn by one party, called a drawer, that directs a second party (almost always a bank), called a drawee, to pay a sum of money to a third party, called the payee. For example, a check. Drafts are used with letters of credit. Drafts may be sight drafts, payable upon receipt, or time drafts, payable on some specified future date.