Glossary
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A-21, OMB Circular
Cost Principles for Educational Institutions (05/10/2004) issued by the U.S. Office of Management and Budget. Document Link
A-110, OMB Circular
Uniform Administrative Requirements for Grants and Other Agreements with Institutions of Higher Education, Hospitals and Other Non-Profit Organizations (11/19/1993) (further amended 09/30/1999) – issued by the U.S. Office of Management and Budget. Document Link
A-133, OMB Circular
Allocable Costs
Allowable Costs
Bayh-Dole Act
Clinical Trial
Co-investigator
Co-Principal Investigator
An individual designated along with one or more other Co-Principal Investigators by the institution to direct a project or activity being supported by external funding. He or she is responsible and accountable to the institution and sponsor for the proper conduct of the project or activity. Co-Principal Investigators have equal authority and responsibility for the conduct of the sponsored project.
Collaboration Agreement
Confidential Disclosure Agreement
Conflict of Commitment
A situation in which an individual has outside activities and business interests so significant that they may interfere with the primacy of the individual's commitments to the institution as his/her primary employer.
Conflict of Interest
Conflict of Interest Committee
Conflict of Interest Disclosure
Consulting Agreement
Copyright
Copyright is a form of protection provided by the laws of the United States (title 17, U.S. Code) to the authors of "original works of authorship," including literary, dramatic, musical, artistic, and certain other intellectual works. This protection is available to both published and unpublished works. The owner of copyright has the exclusive right to do and to authorize others to do the following:
- To reproduce the work in copies or phonorecords;
- To prepare derivative works based upon the work;
- To distribute copies or phonorecords of the work to the public by sale or other transfer of ownership, or by rental, lease, or lending;
- To perform the work publicly;
- To display the copyrighted work publicly; and
- In the case of sound recordings, to perform the work publicly by means of a digital audio transmission.
Link to U.S.Copyright Office
Cost-Sharing
A portion of the total project or program expenses related to a sponsored agreement that is contributed by parties other than the primary sponsor and not charged to the sponsor.
Cost Transfer
The movement of costs from one project to another to correct an assignment of costs that may not have been allocable or allowable.
Data
Data Sharing Plan
Effort Reporting
Effort reporting is a method for documenting activity provided in support of sponsored projects. Ref: UPenn Discussion PP
Equity
Whole or partial ownership of a commercial entity.
Facility Use Agreement
FERPA
Institutional Animal Care and Use Committee (IACUC)
Institutional Biosafety Committee (IBC)
Institutional Review Board (IRB)
Intellectual Property
Ref. USPTO Glossary
Intellectual Property Agreement
Liability
License
Management Plan
Mandatory Cost Sharing Plan
The sharing of projects costs that is required by the terms of a sponsored agreement or sponsor policy.
Material Transfer Agreement
Mentor
Mentoring relationship
An advising relationship between a more-experienced person and a more-junior person that is professional in nature but also includes a more personalized nurturing aspect.
Patent
The exclusive property rights to an invention which permit the owner the right to exclude others from making, using, offering for sale, or selling the invention. Ref. U.S. Patent and Trademark Office
Prime Agreement
Prime Awardee
Principal Investigator
Ref: Modified from the NIH Grants Policy Statement, 12/03
Proprietary
Protocol
Reasonable Costs
A cost may be considered reasonable if the nature of the goods or services acquired or applied, and the amount involved therefore, reflect the action that a prudent person would have taken under the circumstances prevailing at the time the decision to incur the cost was made. (ref. A-21, C.3)
Shelby Amendment
Significant Financial Interest
A situation in which any one of the following exists:
(1) an Employee and/or immediate family members or associated entity have an aggregated equity interest in a Business representing ownership of 5 percent or more or a value of $10,000 or more, as determined through reference to public prices or other reasonable measures of fair market value;
(2) an Employee and/or immediate family members or associated entity are expected to receive an aggregated annual income or other consideration from a Business equal to or exceeding $10,000 over the next 12 months (income includes all types of compensation);
(3) an Employee and/or immediate family members or associated entity have a commitment for future royalties from a business the next 12 months and beyond that are expected to equal or exceed $10,000 in aggregated annual income; or
(4) an Employee or immediate family member has a Business Interest in a Business whose purpose or activities are similar or related to the work to be conducted under the Sponsored Project. (Ref: BC COI Policy)
Sponsor
Sponsored Project
Sponsored projects are research, training, or instructional projects involving funds, materials, other forms of compensation, or exchanges of in-kind efforts from sources external to the institution under awards or agreements which contain any one of the following criteria:
- The award or agreement binds the University to a scope of work that is specified to a substantial level of detail. This would, for example, include funding that is dedicated to an investigator's particular research project, a grant to a department under which seed money for particular projects would be distributed, and the training of graduate students on specific projects. It would not include funding that provides general research support to a department or an individual.
- A line item budget is involved. A line item budget details expenses by activity, function, or project period. The designation of indirect or administrative costs qualifies a budget as "line item."
- Financial reports are required and/or the expenses are subject to audit.
- The sponsor defines a period of performance during which funds may be used and/or unused funds must be returned to the sponsor.
- The award or agreement provides for the disposition of either tangible or intangible properties which may result from the project. Tangible properties include equipment, records, formal activity reports, theses or dissertations. Intangible properties include rights in data, copyrights, or inventions or research related materials.
Stewardship
Subaward
Subawardee/Subrecipient
Teaming Agreement
Trade Secret
Trainee
Voluntary Committed Cost Sharing
The sharing of project costs on that if offered by an institution over and above a sponsor's cost-sharing requirements. Once accepted by the sponsor, voluntary committed cost-sharing becomes mandatory cost-sharing.
Voluntary Uncommitted Cost Sharing
The sharing of project costs over and above sponsor cost-sharing requirements, but not offered as a part of a funding application. It does not become a part of the award requirements and is, therefore, not considered mandatory.
Work-for-Hire
