Translation glossary

Financial corrections are withdrawals of funding that take place when payments to EU-backed projects have been made in error due to irregularities.

see "control"

Flat Rate is one of the simplified cost options, and these rates are calculated by applying a percentage fixed ex-ante to one or several other categories of eligible costs. Flat rates involve approximations of costs and are defined based on fair, equitable and verifiable calculation methods, or they are established by the Fund specific regulations. (HIT)

Fraud is intentional action leading to unlawful gain and unfair advantage.

The Guide for Applicants is a document that sets out the rules for the call for proposals, including the purpose of the call, the target groups, costs which may be financed, and the selection criteria. It also provides practical information on how to complete the application form, what documents must be annexed, and rules and procedures for applying.