Translation glossary

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ENrecoverable VAT (Value Added Tax)
DErückforderbare/erstattungsfähige MwSt. (Mehrwertsteuer)
DEFINITION
recoverable VAT (Value Added Tax)
Recoverable VAT refers to VAT you can deduct from the VAT you have already collected.
ENrecovery, recovered amounts
DERückforderung/ Wiedereinziehung, wiedereingezogene Beträge
DEFINITION
recovery, recovered amounts
Recovery refers to the process of regaining funds unduly paid by the EC. The amounts regained via this process are recovered amounts.
ENRegulation (EU law)
DEVerordnung (EU Recht)
DEFINITION
Regulation (EU law)
Regulations are the strongest form of EU legislation. They are of general application, binding in their entirety, and directly enforceable in all Member States. Legislation relating to EU cohesion policy usually takes the form of regulations.
ENreporting period
DEBerichtszeitraum
DEFINITION
reporting period

A reporting period is a designated period of time during the project lifetime; activities carried out and expenditure incurred and paid (unless simplified cost options apply) during a reporting period are presented in a Progress Report, and are subject to programme co-financing.

ENreserve list
DEReserveliste
DEFINITION
reserve list
A reserve list is a list of projects which a programme considers good projects but is unable to approve because the programme is running out of funds towards the end of the programming period. These projects are placed on the reserve list in the hope that running projects don’t spend all their approved funds. The programme can then use these "unused" funds to approve the previously rejected projects.
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