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Glossary

Memorandum of Unterstanding

  • Posted on: 12.03.2012
  • Abbreviation: MoU

A document which describes all the agreements reached between partners rleated to their partnerships. It usually outlines roles and responsibilities, procedures and criteria for activities and contains provisions of financial management.

For example, each country assocating to FP7 signed a Memorandung of Understanding with the European Commission allowing it full participation in the EU's Seventh Research Framework Programme (FP7).