Within the context of the Lisbon Recognition Convention, credit systems were identified as a tool for:

• promoting transparency in the recognition process; and
• facilitating the mobility of qualified individuals.

Here are some examples of credit systems in other countries and regions:

• European Credit Transfer and Accumulation System (ECTS);
• ASEAN Credit Transfer System (ACTS);
• South Korea Academic Credit Bank System (ACBS).

Find additional details on the terminology used within the pan-Canadian context in CICIC's Terminology Guide:

• advanced standing;
• articulation agreement;
• block transfer;
• comparability;
• credit;
• formal learning;
• informal learning;
• lifelong learning;
• module;
• non-formal learning;
• prior learning assessment and recognition (PLAR);
• substantial difference;
• transfer of credits.