Translation glossary

An Expression of Interest is a short version of the application form which is used at the first application stage when programmes are using the two-step approach to project selection. The content of it is not binding in the case of submitting the full application form in the second step, but it should not depart significantly from what was initially proposed.

External Expertise and Services is the budget line that covers expenditures of contracting experts, not staff of beneficiaries, and external services - for example, hiring a venue for an event.

A feasibility study is an analysis of the ability to complete an operation successfully, taking into account legal, economic, technological, scheduling and other factors. It evaluates the project's potential for success. The two criteria to judge feasibility are cost required and value to be attained.

The final report is the last report to be submitted to the joint secretariat, either after or with the last progress report. In HIT it does not include any financial reporting.

The Finance Report is part of the Progress Report. It is a periodical report on the financial progress of the project in relation to the activities carried out and accomplished achievements (deliverables, outputs). It includes information on the expenditure borne by the project partners and revenue received by them.