Skip to main content
Fallback image

EITI glossary

This glossary is compiled by the EITI International Secretariat and is only provided as a resource.

Mapping of financial flows

A simplified illustration that traces payments to show which entity makes the payments and which entity receives them.

Material payments

Important or relevant revenue streams. The EITI requires that all material benefit streams be published. According to the EITI Validation guide, a benefit stream is “material if its omission or misstatement could materially affect the final EITI Report.” It is typically the responsibility of the national multi-stakeholder group to decide how to define material in quantitative or qualitative terms.



A threshold amount or percentage to determine if a company or a payment is significant to an outcome. Multi-stakeholder groups in EITI implementing countries often set materiality levels based on company or payment size.


Short for Multi-Donor Trust Fund, which is a major fund for technical and financial assistance to countries implementing the EITI. The World Bank administers the fund.

Memorandum of understanding

A document that describes the general principles of an agreement between parties, but does not amount to a legal contract. For short: MoU.