Glossary

Is a term covering all resources of an organisation, – including non-financial assets n that can be notified in accounting/book keeping, such as the volunteering time dedicated. From an economic perspective financial resources are the part of the organization’s assets (property). Sometimes financial resources are referred just as Finance, often with some attributes (such as Business finance, Personal finance, Public finance). Non- financial resources are the resources not related to the money and this kind of resources can assume different forms, for example: time; human resources, knowledge, social network, open source movement, voluntary work, local exchange systems, etc.

The method of and tool used in providing finance a person or organisation. Financial instruments are constricted by regulation at national and European level, their development is usually lead by banks – and it can include SSE dimension (for example via socially responsible investment such as solidarity saving instruments).

Theoretically, this financial sustainability will enable us to cover our administrative costs and to prioritize our activities so as to accomplish our missions. The revenues from economic activities and other sources (public funds, donations) cover the cost of economic activities, but also of social mission. Generating a surplus is not prohibited in social solidarity economy.