Dec 9, 2008 09:48
15 yrs ago
Lithuanian term

bendrojo finansavimo lėšos

Lithuanian to English Bus/Financial Finance (general) Europos Sąjunga
iš bendrojo finansavimo lėšų

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common financing funds

Republic of Lithuania assigned to the Managing Authority a number of general functions of the supervision of the creation and functioning of the management and control system, as well as the functions of planning the EU structural assistance and *common financing funds* (both the expenses that are eligible or ineligible for the funding) and other additional functions related to the better planning and more effective use of the EU structural assistance funds.
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7 mins

general finance funds

Local terminology varies a lot, but to pay for something from an organisation's "general finance funds" or simply from its "general funds" means to pay for it from money that the organisations has not specifically allocated for other purpose (e.g. wages, rent, paying sub-contractors).
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