Category

Settlement and Custody

These terms cover safekeeping, third-party holding, completion, and irreversible transfer.

How to recognize this theme

Terms that describe who holds assets and when a transfer is complete.

In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.

Educational context

These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.

Custody

Custody is the safekeeping of assets by an owner or a trusted service.

Escrow

Escrow is a setup where an asset is held by a neutral third party until conditions are met.

Settlement

Settlement is the step where payment and ownership transfer are completed.

Finality

Finality is the point at which a transaction is treated as effectively irreversible.

Settlement

Settlement is the completion of a transfer after obligations are exchanged or recorded.

Clearing

Clearing is the process that reconciles instructions before a trade or transfer is finalized.

Finality

Finality is the point at which a blockchain transaction or transfer is treated as irreversible.

Custody

Custody is the safekeeping and control of assets by an owner or a trusted service.