Glossary
This glossary has been developed to establish a shared conceptual foundation for all stakeholders operating in the fields of impact investing and the impact economy.
Impact investing, impact measurement and management, outcomes-based financing, and related concepts—which are increasingly used across finance, public policy, entrepreneurship, and social impact—are explained with reference to international frameworks while taking the Turkish context into account.
The aim is to create a consistent terminology across disciplines, reduce conceptual ambiguity encountered in practice, and support the wider adoption of impact-oriented approaches.
EYDK Dictionary
There are currently 7 names in this directory beginning with the letter M.
M
Manufactured Capital
Manufactured capital refers to human-created physical objects, distinct from natural physical resources, that are available to an organization for use in the production of goods or the provision of services. It includes buildings, equipment, and infrastructure such as roads, ports, bridges, and waste and water treatment facilities. Manufactured capital is typically created by other organizations, but also includes assets produced by the reporting organization for sale or acquired for its own use.
Materiality
Materiality refers to the identification of issues that could significantly influence an organisation’s decision-making processes, financial performance, reputation, or social and environmental outcomes. As a fundamental principle in sustainability and impact reporting, materiality determines which topics should be prioritised for consideration, management and disclosure.
Metric Set
Quantitative or qualitative indicators that allow entities (i.e. Enterprises, Funds or Issuers) to measure and assess SDG performance across the Five Dimensions of Impact.
Mezzanine Finance
Mezzanine Financing is a hybrid form of funding positioned between debt and equity, typically carrying higher risk and return potential, often with conversion or performance-based features. It is commonly used for scaling enterprises and projects.
Microfinance
Microfinance refers to providing small-scale financial services such as microloans, savings and insurance to individuals or microenterprises with limited access to conventional banking, supporting financial inclusion and economic empowerment.
Monetisation
Monetisation refers to the process of expressing social or environmental outcomes and impacts in monetary terms in order to support comparison, decision-making and resource allocation. It enables the valuation of non-financial benefits and helps assess the relative value of different interventions. In the context of impact measurement, monetisation does not imply revenue generation, but rather an analytical method for estimating the economic value of impact.
Multilateral Development Banks (MDBs)
Multilateral Development Banks (MDBs) are international financial institutions established by multiple countries to support sustainable development, economic growth, poverty reduction and social and environmental impact in developing and emerging economies. MDBs provide long-term financing, guarantees, equity investments and technical assistance, and play a catalytic role in mobilising private capital through blended finance and results-based financing mechanisms.