Glossary

Charity terms in plain English

Definitions for finance, governance, fundraising, digital and operations terms, with clear practical examples for charity teams.

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Operations

Near miss reporting

Near miss reporting is a charity operations term for identifying, logging, and resolving operational risks before they become major service failures.

Finance

Nominal code

Nominal code is a charity finance term for structuring the general ledger, separating duties, and reporting management figures to control financial transactions.

Finance

Non-primary purpose trading

Non-primary purpose trading is a charity finance term for managing charity-owned trading activities and subsidiaries to generate unrestricted funding while maintaining tax compliance.