# Glossary

This glossary provides definitions of key terms and concepts used in the Papaya documentation.

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### **Core Protocol Terms**

* **Stream**: Continuous flow of tokens from one address to another at a fixed rate.
* **Flow Rate**: The speed at which tokens are transferred, defined by amount per time period.
* **Liquidation**: Process of automatically revoking streams when a user's balance becomes insufficient for subscription coverage.
* **Author**: Address receiving streaming payments (merchant, business, creator).
* **Subscriber**: Address initiating streaming payments (customer, user).
* **Project ID**: Unique identifier for platforms building on Papaya.
* **Smart Contract**: The underlying technology stack that enables automatic execution of payment streams.

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This glossary will be updated regularly to include additional terms and concepts as needed.


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