The European Court of Auditors (ECA) is an institution of the European Union that audits the financial management of the EU budget to ensure transparency and accountability.
Audit: An official inspection of an organization's accounts, typically by an independent body.
Transparency: In governance, transparency refers to openness, communication, and accountability. It's like a glass house where everyone can see what's happening inside.
Accountability: This term refers to the obligation or willingness to accept responsibility for one's actions. It’s like when you borrow your friend’s car; you’re accountable for returning it in good condition.
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