Glossary
Keeps bank-money terms readable without importing bank-owned marketing or network claims.
Glossary terms
- Tokenized deposit
- A bank liability represented in programmable form.
- Same-bank movement
- A route that stays inside the issuing institution's own balance context.
- Cross-bank coordination
- A route that requires destination-institution acceptance before close.
- Control account
- The governed bank-side account or balance used for controls.
- Receiving-institution confirmation
- Proof that the destination institution accepted and credited the movement.
- Recredit
- A controlled return of value when the instructed route does not close.
- Cash-leg coordination
- The payment-side workflow that supports a separate tokenized action.