Glossary

Terms beginning with C

contract

Common glossary definition

A legally binding agreement that sets out obligations between parties. A contract can take any form, such as a licence agreement, memorandum, service agreement.

control (expenditure)

Common glossary definition

Cabinet Office expenditure controls are part of HM Treasury’s scheme of financial delegations. They apply to proposals to procure certain goods and services, to ensure the expertise and insight of the government functions is utilised. Such proposals fall outside departments’ delegated authority and require Cabinet Office approval, without which expenditure is irregular.

control (organisational)

Common glossary definition

Any action taken by management, the board and other parties to manage risk and increase the likelihood that established objectives and goals will be achieved.

critical national infrastructure

Common glossary definition

Those facilities, systems, sites, information, people, networks and processes, necessary for a country to function and upon which daily life depends.