Knowledge Base

Glossary of Terms

Glossary is usually defined as an alphabetical list of technical terms in some specialized field of knowledge. This knowledge base glossary provides a collection of knowledge base documents that define many technical terms. These terms are arranged alphabetically, but you can quickly jump to a specific term by selecting its first letter from the index of the knowledge base glossary below.

Capital Equipment
Equipment with an acquisition cost of $5,000 or more.
Cash Reconciliations (Office)
The office of Cash Reconciliations focuses on ensuring accurate and timely reconciliation of all Texas Tech’s cash deposit and disbursement accounts.
Central Service Unit
Separate operating units that are generally not part of academic or research units but, instead, provide services to the entire university community (i.e. these costs are included in the indirect cost pools). Examples include Information Technology, Communication Services and Physical Plant Operations.
CFDA Number
The number assigned to a federal program in the Catalog of Federal Domestic Assistance. This is used by Sponsored Programs and Reporting for Federal reporting purposes.
The "Institution" that is represented in the transaction. T= Texas Tech University, S- Texas Tech University System, H= Health Sciences Center Lubbock, E= Health Science Center El Paso.
Chart of Accounts (COA)
The Chart of Accounts identifies the Institution for Banner, Cognos purposes. Texas Tech University is identified as Chart "T", Texas Tech University System with Chart "S", Texas Tech University Health Sciences Center with Chart "H" and TTUHSC El Paso with Chart "E".
A web based reporting tools used by Texas Tech university to retrieveinformation that is stored in Banner.
College Work Study Awards
The "award" is the maximum student earnings where financial aid will pay 75% of the earnings and the department will pay 25% of the earning, using a Financial Aid W# position. If the student will earn more than the award, the department pays 100% of the additional earnings using a department T# position.
Controlled Property
The Comptroller of Public Accounts (CPA) has defined controlled property as certain property, which, due to the nature of the asset, is required to be managed by the state. Controlled property includes handguns and rifles regardless of acquisition cost and certain other property with an acquisition cost of $500 to $4,999.
Cost Share
A portion of the total cost of a sponsored project that is contributed by the university or a third party. Also known as match funding.
Cost Transfer
The moving of operating expenses (Account type 70) from one FOP to another FOP by using the FiTS system. Movement of salary expenses (Account Type 60) from one FOP to another is completed with a Job Labor Change Form.
Credit Card Operations (Office)
The Office of Credit Card Operations facilitates the ability for university departments to accept credit cards and ensures campus wide compliance with PCI standards..
Current & Future Labor Change ePAF
Changes the labor distribution from now forward. Changing the labor expense to a different budget, there is no change to title, pay or FTE.
Current Budget (Adjusted)
The end result of the budget process to date. The sum of Original Budget + (plus) or - (minus) budget adjustments = Current Budget. This is the revised budget after adjustments. This is also known as the Adjusted Budget.
Current Hire Date
This is the date an employee is rehired following a break in service.