| DfES: | Department for Education & Skills |
| EPSRC: | Engineering & Physical Sciences Research Council |
| ESF: | European Social Fund |
| ESRC: | Economic and Social Research Council |
| EU: | European Union |
| fEC: | Full Economic Cost |
| FTE: | Full-Time Equivalent |
| HEFCE: | Higher Education Funding Council for England |
| HEI: | Higher Education Institution |
| HESA: | Higher Education Statistics Agency |
| IPR: | Intellectual Property Rights |
| JCPSG: | Joint Costing and Pricing Steering Group |
| JM Consulting: | Consultants commissioned by JCPSG to support the sector through the Transparency Review implementation process |
| MRF: | Major Research Facility |
| NAO: | National Audit Office |
| OGDs: | Other Government Departments |
| OST: | Office for Science and Technology |
| Other Activities: | Activities other than Teaching and Research |
| pFACT: | Project Financial Appraisal and Costing Tool |
| PGRs: | Post-Graduate Research Students |
| PI: | Principal Investigator |
| QAV: | Quality Assurance Validation |
| QR: | Quality Research |
| RAE: | Research Assessment Exercise |
| RAM: | Resource Allocation Method |
| RCUK: | Research Councils UK |
| RFI: | Return for Financing and Investment |
| SRF: | Small Research Facility |
| SRIF: | Science Research Infrastructure Fund |
| TRAC: | Transparent Approach to Costing |
| TRAC T: | Transparent Approach to Costing for Teaching |
