> For the complete documentation index, see [llms.txt](https://success.opencomp.com/opencomp-knowledge-base/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://success.opencomp.com/opencomp-knowledge-base/fundamentals/definitions.md).

# Definitions

This page is provides a list of definitions for OpenComp Terminology

#### Approver

An individual in an organization who is repsonsible for reviewing and approving a Budget Owner's proposed compensation.

#### Budget Owner

An individual in an organization who is responsible for proposing compensation changes for a designated set of employees.