Hi Ingo,
Here's my quick take on 'functional effect' and 'tri-nucleotide context'.
functional effect is the primary consequence of the nucleotide change, be it a
1) synonymous change (amino acid is preserved)
2) missense change (amino acid is altered)
3) LoF/PTV/LGD (a stop codon is created/lost, a start codon is lost, a frameshift alters the subsequent amino acid pattern, or an essential splice site is altered).
Whether any of these changes are damaging or deleterious to the downstream biological product may require additional information (hence the many missense severity algorithms out there), such as evidence of conservation, measured downstream biological consequences, or correlation to severe phenotypic outcomes.
tri-nucleotide context:
These are the two bases around the mutated sequence, e.g.
reference context: CGG
alternate context: CAG
the C and G around the G to A mutation are the 'context', and the chemical structure binding the nucleotides together affects the rate at which mutations can happen. CpG transitions/transversions are the trinucleotide context with the highest rate of mutation. While this fairly simple model doesn't perfectly predict the mutation rate, it does a pretty good job.
hope this helps,
best,
Dan