Glossary

Find an explanation of most used terms in relation to financial instruments

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Title	Term Definition
Early-stage capital	Seed and start-up capital.
EGESIF	Expert Group on ESIF implementation issues
Equity investment	Provision of capital to a firm, invested directly or indirectly in return for total or partial ownership of that firm and where the equity investor may assume some management control of the firm and may share the firm's profits.
Ex-ante assessment	An assessment which precedes the European Structural and Investment Funds (ESIF) programme contribution to a financial instrument and which establishes evidence of market failures or sub-optimal investment situations and the estimated level and the scope of public investment needs, including types of financial instruments.