Glossary Terms Starting with R

Receipt Token

A receipt token is a digital token issued after a user deposits, locks, lends, stakes, or contributes an underlying asset to a…

Received Payment Currency

Received Payment Currency is the coin, token, or settlement denomination actually credited to the merchant or payment account after processing or conversion.

Receiving Address

Receiving Address is a blockchain address provided to another party as the destination for an incoming asset transfer. A receiving address is…

Recipient Address

A recipient address is the blockchain destination specified to receive an asset or become the target of a transaction. Depending on the…

Reconciliation

Reconciliation is the controlled process of comparing independent records that should describe the same financial or operational activity and explaining any differences.…

Reconciliation Accuracy

Reconciliation accuracy measures how correctly a reconciliation process matches, classifies, and calculates items against verified outcomes. It is not the same as…

Reconciliation API

Reconciliation API is an API that exposes records, identifiers, statuses, balances, fees, or settlement data needed to compare payment activity across operational…

Reconciliation Break

A reconciliation break is a difference between records that should agree, such as a missing item, amount mismatch, duplicate, timing difference, currency…

Reconciliation Exception

A reconciliation exception is an item or difference that the normal matching process cannot resolve within defined rules. It requires classification, ownership,…

Reconciliation File

A reconciliation file is a structured dataset containing transactions, balances, fees, statuses, or settlement information used to compare financial records. Its schema…

Reconciliation Job

A reconciliation job is a scheduled or triggered execution that loads defined source records, applies matching rules, creates results, and updates exception…

Reconciliation Match Key

A reconciliation match key is a reliable identifier or combination of fields used to connect records representing the same payment in different…

Reconciliation Match Rate

Reconciliation Match Rate is the proportion of in-scope reconciliation records that are matched successfully under the approved rules and timing window. It…

Reconciliation Match Window

A reconciliation match window is the permitted period in which a payment observation may be associated automatically with an invoice or expected…

Reconciliation Rule

Reconciliation Rule is a documented condition that determines how records are matched, classified, tolerated, or routed to exception handling. It is one…

Reconciliation Rule Set

Reconciliation Rule Set is the governed collection of reconciliation rules applied to a defined source pair, product, currency, or operational process.

Reconciliation Tolerance

Reconciliation tolerance is a documented allowance for small, explainable differences between financial records, such as rounding or approved fees. It has an…

Recoverable Wallet

A recoverable wallet is designed so legitimate users can restore control after losing normal credentials, devices, signers, or account access. For Recoverable…

Recovery

Recovery is the controlled restoration of wallet access, signing authority, assets, data, or operations after loss, failure, compromise, or interruption. Completion requires…

Recovery and Resolution

Recovery and resolution is a framework for restoring a distressed financial or custody service or winding it down without uncontrolled customer loss.…

Recovery Control

A recovery control is a preventive, detective, or corrective measure designed to restore systems, data, access, or business services after disruption while…

Recovery Factor

A recovery factor is an approved credential, device, person, share, or verified condition used as evidence to restore wallet or account access.…

Recovery Guardian

A recovery guardian is a trusted person, device, service, or key holder authorized to participate in restoring wallet control. Recovery Guardian is…

Recovery Key

A recovery key is cryptographic secret material reserved for restoring, replacing, or overriding normal wallet or account authorization after access loss. Secure…