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services on financial instruments under the
fi-compass is a unique platform for advisory
for Employment and Social Innovation (EaSI).
European Structural and Investment Funds
(ESIF) and microfinance under the Programme
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be an important tool for boosting EU agriculture.
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Investments, in a variety of forms, will help create a modern, dynamic agri-food
sector to create jobs and enhance growth in the EU. Financial Instruments will

Glossary

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Title Term Definition
Winding-up

A process that entails selling all the assets of a fund, paying off creditors, distributing any remaining assets to the Principals, and then dissolving the fund. Essentially, 'Winding up' is to be understood as 'liquidation'.

Working Capital

Difference between current assets and current liabilities of an enterprise.