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EITI glossary

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

Task Team Leader

Supports the processing of a grant application to the World Bank and ensures that the supervision requirements are met. The TTL is contracted by the World Bank.

Tax holiday

A government incentive programme that offers a tax reduction or elimination to businesses for a certain period of time. Tax holidays are commonly used by governments in developing countries to help stimulate foreign investment.

Tax justice

The term used by campaigners to call for global action against tax havens, tax evasion and mispricing.

Technical assistance

In EITI context, assistance provided to facilitate the implementation of the EITI.

Tender

An offer to enter into a contract.