Words used in this guide
Plain-language definitions for the terms you may encounter.
Collective
A group working towards a shared purpose.
Administrator, or admin
Someone with permission to manage a collective’s page and review expenses.
Contributor
Someone who supports the collective with money, time or other help.
Financial contributor or donor
A person or organisation giving money to support the mission.
Fiscal host
The legal organisation that administers funds under an agreed hosting framework.
Fiscal hosting
The arrangement that lets a group administer funds without its own separate legal organisation.
Fund
A structure used to support a programme or distribute grants under agreed conditions.
Grant
Funding awarded for a purpose under the applicable grant conditions.
Regranting
Distributing funding onward to other initiatives.
Expense
A request for a payment from the collective’s budget.
Reimbursement
Repayment of an expense someone has already paid on the collective’s behalf.
Invoice
A document requesting payment for completed work or another documented expense.
Payout
The transfer used to pay an approved request.
Due diligence
Checks to understand an initiative and whether funds can be administered responsibly.
Safeguarding
Steps to protect people from harm.
OCE is a fiscal host. Open Collective is the platform used to record financial activity. See who does what.
If a word still makes a page difficult to understand, tell us.
Last updated
Was this helpful?
