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- Community Driven = FOLIO is a platform which is always in development, new things are always being worked on and added a number of times per year via a release. A community of people working in libraries around the world to contribute to the content provided in FOLIO.
- Encumbrance = amount committed on a fund from a purchase order line.
- FOLIO = Future of Libraries is Open. FOLIO is known as a web-based platform accessible via a specific web address.
- Ledger = will represent our funding sources. Endowed & Contract College funding
- Group = will represent the collection development teams. Ex Area, Central, Sciences, Social Sciences, Humanities, Law and Rare & Distinctive.
- Release Date = This is when a new update(s) or new versions of FOLIO are added. Different libraries will be on different versions at different times depending upon when they moved to FOLIO. Ex. Cornell’s 1st instance of FOLIO will be “IRIS”. All releases of FOLIO are flower names.
- SIG = Special Interest Group. A Special Interest Group is a group of people from libraries and other places using FOLIO that are interested in contributing to a specific functional area of the FOLIO platform.
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