Price API
A price API provides programmatic market or quoted values for assets, currencies, products, fees, or conversion pairs at a defined time and…
Glossary terms starting with P
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Price Lock
Price Lock is a commitment or system control that holds a specified price for a defined item, asset amount, order, or period…
Price Volatility
Price volatility measures the magnitude and frequency of changes in an asset's market price over a defined period and sampling interval. For…
Principal Risk
Principal risk is the possibility of losing the full amount delivered in a transaction when the expected reciprocal asset or payment is…
Principal Token
A Principal Token is a tokenized claim on the principal portion of a yield-bearing asset after its future yield has been separated…
Priority Fee
A priority fee is the optional per-gas incentive component added above the base fee on EIP-1559-style networks, subject to the sender's fee…
Privacy
Privacy is the ability and right to control, limit, and understand how information, behavior, communications, and personal spaces are observed or used.…
Privacy by Default
Privacy by Default configures products and services so the initial settings collect, expose, retain, and share only what is necessary. Privacy by…
Privacy by Design
Privacy by Design integrates privacy principles, risks, and controls into architecture, products, processes, and decisions from the earliest stages. Privacy by Design…
Privacy Coin
A privacy coin is a cryptocurrency designed to reduce public visibility of transaction participants, amounts, balances, or payment relationships. Privacy coins use…
Privacy Impact Assessment (PIA)
A privacy impact assessment is a structured evaluation of how a project, system, product, or processing activity may affect individuals’ privacy and…
Privacy Notice
A privacy notice explains how an organization collects, uses, shares, retains, protects, and otherwise processes personal data, including relevant purposes, lawful bases,…
Privacy Policy
A privacy policy explains how an organization collects, uses, shares, protects, retains, and handles rights relating to personal information. A privacy policy…
Privacy Risk Assessment
A privacy risk assessment identifies and evaluates the likelihood and impact of problems that data processing may create for individuals, including loss…
Privacy-Preserving Analytics
Privacy-preserving analytics uses technical and organizational methods to extract useful insights while reducing exposure, identifiability, or unnecessary use of personal or sensitive…
Privacy-Preserving Stablecoin
A privacy-preserving stablecoin is a stablecoin that uses cryptographic, architectural, or access-control techniques to reduce exposure of transaction or identity data. It…
Private Key
A private key is secret cryptographic material used to create digital signatures that authorize actions under a blockchain account's rules. In systems…
Private Key Compromise
A private key compromise occurs when an unauthorized party obtains, reconstructs, or gains effective use of a secret cryptographic key used to…
Private Key Exposure
Private Key Exposure is a condition in which a cryptographic private key becomes accessible to an unauthorized person, process, device, log, repository,…
Private Mempool
A private mempool is a non-public pathway or pool in which pending transactions are submitted to selected parties rather than broadcast through…
Privileged Role Risk
Privileged role risk is exposure created when a role can perform high-impact actions, access sensitive assets, or override normal controls. Decision-makers use…
Probabilistic Finality
Probabilistic finality means a transaction becomes increasingly unlikely to be reversed as additional accepted blocks or consensus weight accumulate.
Probabilistic Payment Finality
Probabilistic Payment Finality is a payment finality model in which confidence increases as additional blocks or confirmations make reversal progressively less likely…
Processing Date
Processing date is the date on which a payment instruction is handled by a system, provider, clearing process, blockchain service, or accounting…