Glossary
Keeps fund-operation terminology readable without borrowing platform-owned or jurisdiction-specific claims.
Glossary terms
- Official books and records
- The authoritative record maintained by the appointed record owner for holdings, rights, and servicing state.
- Mirrored representation
- A synchronized digital representation linked back to the authoritative record.
- Dealing window
- The time and rule window in which fund actions can be processed.
- Allotment confirmation
- Evidence that the official record was updated for a fund event.
- Custodian acknowledgment
- Custody-side confirmation that an instructed asset position was handled correctly.
- NAV basis
- The valuation or servicing basis for the current reporting or dealing cycle.
- Transfer readiness
- A state showing that a transfer or financing action may proceed once required controls are satisfied.