Claim Token
A claim token is a token that represents a right to receive another asset, payment, allocation, service, or settlement outcome under defined…
Glossary terms starting with C
Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.
Clear Signing
Clear Signing is a signing experience that presents verified, human-readable transaction or message details so the signer can understand what will be…
Clearing
Clearing is the process of transmitting, validating, matching, confirming, and sometimes netting payment instructions to establish participant obligations before settlement. Clearing determines…
Clearing Account
A clearing account is a temporary ledger account used to hold entries while related payment, settlement, or reconciliation information is completed. Items…
Clearing Cycle
A clearing cycle is a scheduled sequence in which a payment system receives instructions, validates and groups them, calculates obligations, and prepares…
Clearing File
Clearing File is a structured file containing payment instructions, returns, adjustments, control totals, or settlement information exchanged for clearing processing. In a…
Clearing House Interbank Payments System (CHIPS)
Clearing House Interbank Payments System (CHIPS) is the private-sector U.S. dollar clearing and settlement network operated by The Clearing House for large-value…
Clearing Member
A clearing member is a participant authorized to submit, receive, or clear transactions directly through a clearing arrangement and assume obligations under…
Clearing System Reference
A clearing system reference is an identifier assigned by a clearing network, processor, or participant to trace a payment instruction or clearing…
Client Asset Safeguarding
Client Asset Safeguarding is the legal, operational, accounting, and technical protection of customer assets from misuse, loss, insolvency exposure, error, unauthorized access,…
Client Bug Risk
Client Bug Risk is the risk that a defect in one blockchain software client causes incorrect validation, state, networking, signing, transaction, or…
Client Certificate
A client certificate is an X.509 digital certificate presented by a client during a TLS connection so the server can authenticate the…
Client Diversity Risk
Client Diversity Risk is the risk created when a blockchain network or critical service depends excessively on one software implementation, allowing a…
Client ID
Client ID is a public identifier assigned to an OAuth client so the authorization server can distinguish the requesting application and apply…
Client Implementation
A client implementation is a specific software codebase that applies a blockchain protocol's networking, validation, execution, and consensus rules. Multiple independent implementations…
Client Secret
Client Secret is a confidential credential used by an OAuth client to authenticate itself to an authorization server when the client can…
Client Wallet
A client wallet is a non-standard term for a wallet assigned to or used by a particular customer, or for wallet software…
Closed-Loop Wallet
A closed-loop wallet holds value or payment credentials that can be used only within a defined merchant, platform, issuer, or limited participant…
Cloud Access Security Broker (CASB)
A Cloud Access Security Broker (CASB) is a security control layer that provides visibility and policy enforcement between users, workloads, and cloud…
Cloud Backup
A cloud backup is a recovery copy stored through remotely hosted infrastructure and accessed over a network, often with encryption and account-based…
Cloud Security
Cloud Security is a security mechanism or control discipline that protects hosted data, applications, identities, infrastructure, and services through coordinated provider and…
Cloud Security Posture Management (CSPM)
Cloud Security Posture Management (CSPM) is the continuous discovery and assessment of cloud resources, configurations, identities, policies, and control settings to identify…
Cloud Wallet
A cloud wallet is a wallet whose application, key service, data, or transaction infrastructure runs partly on remotely hosted systems and is…
Cluster Node
A cluster node is a computer participating in a defined blockchain cluster by validating, relaying, executing, storing, or serving network data. Membership…