> For the complete documentation index, see [llms.txt](https://docs.papaya.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.papaya.finance/glossary.md).

# 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.