Laravel Payment SDK
A Laravel payment SDK is a Laravel-oriented package that wraps payment APIs with framework services, configuration, models, events, and integration helpers. Laravel…
Glossary terms starting with L
Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.
Large-Value Payment System (LVPS)
A large-value payment system is an infrastructure designed primarily for high-value or time-critical transfers, especially payments between financial institutions and settlement obligations…
Last Valid Block Height
Last valid block height is the final chain height through which a transaction's referenced validity context remains acceptable for processing. The value…
Late Blockchain Payment
A late blockchain payment is a payment transaction that reaches the designated address or invoice after the stated payment window has expired.…
Late Crypto Payment
A late crypto payment is a blockchain transfer that is sent, observed, confirmed, or attributed after the invoice's defined payment window or…
Late Payment
A late payment is a payment made or received after the contractual due date, expected settlement date, or operational deadline. It can…
Latency-Based Payment Routing
Latency-based payment routing selects among eligible providers or rails using recent or predicted response time as an important decision factor. Latency is…
Layer 1
A Layer 1 is a blockchain's base consensus and execution network, responsible for canonical state, native settlement, and protocol-level security. The base…
Layer 1 Coin
A Layer 1 coin is the native asset recorded directly by a base blockchain and commonly used for fees, staking, rewards, or…
Layer 2
A Layer 2 processes activity above a base blockchain while relying on that Layer 1 for some combination of settlement, security, or…
Layer 2 Payment
A Layer 2 payment transfers value through a scaling network or channel above a base blockchain, usually with lower cost or faster…
Layer 2 Token
A Layer 2 token is an asset represented or issued on a scaling network, with value and transfer rules tied to that…
Layering (Market Manipulation)
Layering is a market manipulation technique in which a trader places multiple non-bona-fide orders at different price levels to create a false…
Lazy Minting
Lazy Minting is a workflow in which an NFT is offered or authorized before the final on-chain mint transaction occurs, with minting…
Ledger Reconciliation
Ledger reconciliation verifies that ledger accounts and postings agree with transaction systems, subledgers, bank accounts, wallets, processors, and settlement reports. It proves…
Ledger-to-Settlement Reconciliation
Ledger-to-settlement reconciliation verifies that amounts recognized in a payment ledger agree with the cash, digital asset, or account movements delivered through settlement.…
Legacy Address
A legacy address uses an older blockchain address format retained for compatibility, often lacking efficiency or error-detection features of newer formats. Legacy…
Legal Custody Risk
Legal custody risk is the possibility that ownership, segregation, recovery, or access rights over safeguarded assets fail under applicable law or contract.…
Legal Risk
Legal risk is the possibility of loss or disruption from laws, contracts, rights, disputes, enforcement, or uncertain legal classification. Legal Risk must…
Legitimate Interest
Legitimate interest is a data-processing lawful basis used when processing is necessary for a legitimate purpose and that interest is not overridden…
Leverage Risk
Leverage risk is the possibility that borrowed funds or derivative exposure magnifies losses, margin demands, liquidation, or insolvency. A score for Leverage…
Light Client
A light client verifies selected blockchain claims using compact headers, consensus proofs, or commitments instead of downloading and executing the complete chain.…
Light Client Bridge
A light client bridge verifies one blockchain's consensus and state proofs on another chain to authorize cross-chain messages without a separate signer…
Light Node
A light node participates in a blockchain network with reduced storage or computation, relying on compact proofs or fuller peers for selected…