Apart from the following glossary on crucial VET and Apprenticeship terms, you can find existing glossaries from the different countries below.

Socioeconomic added value of education and training.


  • benefits of education and training can be private, namely received by individual persons, enterprises or institutions, or public, benefiting a whole region, economy or society;
  • benefits can be monetary (such as wages) or socioeconomic (health, wellbeing, social cohesion, reduced crime, employment, productivity, growth).

Cedefop (2014): Terminology of European education and training policy. Second Edition. A selection of 130 key terms. Luxembourg: Publications Office of the European Union.