For the complete documentation index, see llms.txt. This page is also available as Markdown.

Words used in this guide

Plain-language definitions for the terms you may encounter.

Word
Meaning in this guide

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?