Escrow
A payment arrangement where funds are held or governed until defined conditions are met.
Glossary
Terms used across Trustless Payments.
A reference for common concepts used throughout Trustless products and documentation.
Milestone
A discrete deliverable or stage with its own payment conditions.
Settlement
The final movement of funds according to the applicable payment rules.
Destination Tag
An XRP Ledger value used by some workflows to associate payments with the correct destination or agreement.
Memo
Optional transaction metadata that can help identify or describe an XRP Ledger payment.
Contract State
The current lifecycle stage that determines which actions are valid.