Translation glossary

Small and medium-sized enterprises (SMEs) are defined in the EU recommendation 2003/361. The category of micro, small and medium-sized enterprises (SMEs) is made up of enterprises with fewer than 250 employees and an annual turnover of no more than EUR 50 million, and/or an annual balance sheet totalling no more than EUR 43 million. Within the SME category, a small enterprise is defined as an enterprise with less than 50 employees and an annual turnover and/or annual balance sheet totalling no more than EUR 10 million. Within the SME category, a microenterprise is defined as an enterprise with fewer than 10 employees and an annual turnover and/or annual balance sheet total of no more than EUR 2 million.

The source of verification is the evidence that establishes or confirms the accuracy or truth of information provided.

The term sparsely-populated regions refers to European areas of low population density. In the framework of the Green Paper on Territorial Cohesion, to judge whether a region is sparsely populated is based on a certain threshold (12.5 inh. /km2) of population density at the NUTS III level. The main objective of this delimitation is to provide a list of Sparsely-Populated Regions to European policymakers to assist them in the allocation of available support funds.

Staff Costs is the budet line that covers expenditure related to all costs of hiring staff in the beneficiary's institution.

A stakeholder is anyone, internal or external to an organisation, who has an interest in a project or will be affected by its outputs and results.