Capital and ownership
| Term | Meaning in this site |
|---|---|
| Fund target | The amount sought for Fund 1, distinct from commitments or subscriptions received |
| LP | Limited partner: the capital-partner role under discussion with Turing |
| GP | General partner: the team leading origination, structuring and oversight |
| Equity ownership | A shareholder’s interest in an institution, with rights defined in its governing documents |
| Cash capitalization | Cash supplied to capitalize an institution; it need not be proportional to equity ownership |
| Commitment | An obligation to make capital available under agreed terms |
| Disbursement | Capital actually paid out for an approved investment or draw |
| Liquidity | Funds available in the currency and at the time needed to meet an obligation |
Trade and working capital
| Term | Meaning in this site |
|---|---|
| Working capital | Cash supporting the operating interval between costs and collection |
| Cash conversion cycle | Inventory days plus receivable days minus payable days in the simplified model |
| Draw | A release of capital within a facility after its conditions are satisfied |
| Eligible cost | A cost that the facility’s agreed terms permit it to finance |
| Receivable | A payment claim owed by a buyer, subject to its contractual terms |
| Controlled collection | Receipt through the account or route specified for the financing |
| Revolving facility | A facility in which repaid capital can support new eligible draws |
| MoU | Memorandum of Understanding; its legal effect depends on the document and context |
Agriculture and access
| Term | Meaning in this site |
|---|---|
| Unbanked | An adult without an account under the cited Findex definition |
| Underbanked | A descriptive term for financial services that do not meet a person’s needs; no single global count is used |
| Small farm | Less than two hectares in the cited 2021 study |
| Family farm | A family-organised holding that can be small or large |
| Seasonal credit | Finance assessed against the timing of production and collection |
| Warehouse-backed finance | Credit dependent on eligible stock, custody and enforceable security |
| Food loss | Post-harvest loss before retail under the FAO measure |
| Food waste | Retail and consumer-stage waste under the UNEP measure |
Identity and authority
| Term | Meaning in this site |
|---|---|
| LEI | A standard 20-character identifier linked to legal-entity reference data |
| Level 2 data | Direct and ultimate accounting-consolidating parent relationships and exceptions |
| vLEI | An external digitally verifiable organisation and role-credential standard |
| BankID | WAB’s personal identity and authentication design component |
| RTX / Right-to-Sign | WAB’s delegated authority design for a person acting for an organisation |
| Revocation | Withdrawal of a permission or credential according to its governing system |
| Provenance | The origin of a record and the evidence behind it |
ESG and measurement
| Term | Meaning in this site |
|---|---|
| ESG | Environmental, social and governance considerations in review and reporting |
| Baseline | The defined initial observation used in a comparison |
| Intensity | A measure per unit of activity, such as energy per tonne |
| Boundary | The operations, people, place and period included in a measure |
| Outcome | A measured change distinct from the activity financed |
| Attribution | The basis for connecting a change to a particular intervention |
| Assurance | A defined independent review of information, within a stated scope |
READ THE SOURCE
Publications and reference material
World Bank · Global Findex 2025GLEIF · The Legal Entity IdentifierGLEIF · Accounting-consolidation relationships
WAB development presentations · January 2025 and May 2026