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Glossary

TermDefinition
OrganizationThe legal entity that contracts with TBook and owns API keys. Every API resource is scoped to one organization; the API key is the identity.
AccountAn investment principal under an organization. Types: individual, omnibus, treasury, business — see Account Models.
AssetAn RWA product (e.g. rcusdp, xaua), native on some chain, exposed through one or more vaults.
RailThe path from the funding chain to the asset: direct (same chain) or gateway (cross-chain via TBook's gateway program — used only by the legacy, now-frozen Solana rail).
VaultAn investable instance of an asset on a rail (rcusdp-sui, xaua-sui; the legacy rcusdp-sol is frozen/paused).
Settlement cycleThe recurring window in which deposits and redemptions are batched and settled (acceptingprocessing → settled). Exposed as settlementCycle numbers and vault.cycle.* events.
Transaction intentThe platform-side record of a money movement, created at build time (txi_…), tracked built → submitted → confirmed → settled (terminal alternatives: failed, expired).
ShareA unit of proportional ownership in a vault. Minted on deposit settlement, burned on redemption settlement. For XAUa, one unit corresponds to one gram of gold.
NAV / share priceNet asset value of the underlying portfolio per share/unit; the price in the catalog.
ClaimableUSDC waiting in the vault for the account to claim after a redemption settles (or after a rollback refund on the gateway rail). Claims always pay the account's own wallet.
Custody attributeWho controls the account's wallet: waas (wallet-as-a-service), self (the account holder, e.g. a multisig), org (the organization, e.g. an omnibus pool wallet). Descriptive — the signing mechanics are identical.
AttestationThe organization's confirmation that it performed KYC (individuals/pools) or KYB (business clients) on an account. TBook relies on the attestation; the organization owns the compliance relationship.
Whitelist (XAUa)Issuer-maintained list of wallets allowed to transact the gold token. Required before any xaua-* transaction.
Idempotency keyIdempotency-Key header on money-movement POSTs that makes retries safe: replays with the same key and body return the original response for 24 hours (org-scoped); the same key with a different body returns 409 idempotency_conflict; a concurrent duplicate while the first request is still executing returns 409 idempotency_in_progress (retry with the same key). The Node SDK generates one automatically and echoes it back as idempotencyKey on results.
WaaSWallet-as-a-service (Crossmint, Privy, …) — provisions per-user wallets and signs the unsigned transactions returned by the API.
USDCThe quote and settlement currency for all v1 assets.