The Grid Wiki — Content, Answers, and Glossary

IDAs are savings accounts that match the deposits of program participants, and hence, encourage savings and help low-income people secure important assets.

A board of directors (BoD) is the governing body of a company, whose members may be elected by shareholders to set strategy, oversee management, and protect the interests of shareholders and stakeholders.

When residents form a business to buy the manufactured home park. Usually this business is established as a cooperative.

Broad-based employee ownership gives all employees who meet basic criteria the opportunity to become employee-owners.

Senior debt is borrowed money (often from bondholders or banks that have issued revolving credit lines) that a company must repay first if it goes out of business.

An accredited investor is an individual or business entity that's allowed to trade securities that may not be registered with financial authorities by satisfying at least one requirement regarding their income, net worth, asset size, governance status, or professional experience.

Philanthropy refers to charitable acts or other good works that help others or society as a whole, and can include donating money to a worthy cause or volunteering time, effort, or other forms of altruism.