Increment

Translations missing. Please help us to translate this therm

DSP: An increment is one distinct piece of funding (from a grant or contract). For example, a three-year grant is commonly divided into three separate pieces of funding, one per year for three years. Each of the three separate pieces of funding is separate increment and has its own sequence number. An increment can span several years, or just a part of a year, depending on how the funding is distributed by the sponsor. Increments can be further divided into sub-increments.