| Virtual Assets Service Provider | VASP | Virtual Assets Service Provider, or exchange company. |
| Originator VASP | OriginatorVASP | Assets Transfer Direction, the assets transfer originator exchange. |
| Originating VASP | OriginatingVASP | Same as above: Originator VASP |
| Beneficiary VASP | BeneficiaryVASP | Assets Transfer Direction, the assets transfer beneficiary exchange. |
| Originator | Originator | The sender of a crypto asset transfer |
| Beneficiary | Beneficiary | The receiver of a crypto asset transfer |
| Travel Rule Service Provider | TRSP | Travel Rule Service Provider. |
| Member VASP | MemberVASP | The VASP under Travel Rule Service Provider. |
| Travel Rule Request Initiator VASP | Travel Rule Request Initiator VASP | A VASP that initiates a Travel Rule request to exchange PII with counterparty VASPs. Travel Rule Request Initiator VASP could be either Originator VASP or Beneficiary VASP. |
| Travel Rule Request Receiving VASP | Travel Rule Request Receiving VASP | A VASP that is expected to receive a Travel Rule request fired by the Travel Rule Request Initiator VASP. If Travel Rule Requests Initiator VASP is the Originator VASP of this asset transfer, then Travel Rule Request Receiving VASP is the Beneficiary VASP, and vice versa. In GTR, this term usually refers to the same entity as PII Receiving VASP. |
| Travel Rule Request Verify VASP | Travel Rule Request Verify VASP | A VASP that is responsible to verify the PII in the received Travel Rule request compiled and transmitted by the Travel Rule Request Initiator VASP. In GTR, this term usually refers to the same entity as PII Verify VASP. |
| PII Sending VASP | PII Sending VASP | A VASP that is responsible for collecting and transmitting PII of transaction parties. |
| PII Receiving VASP | PII Receiving VASP | A VASP that is expected to receive the PII transmitted by the PII Sending VASP.In GTR, the PII Receiving VASP and PII Verify VASP are typically the same VASP. |
| PII Verify VASP | PII Verify VASP | A VASP that is responsible to verify the PII transmitted by the PII Sending VASP.In GTR, the PII Receiving VASP and PII Verify VASP are typically the same VASP. |
| Offshore VASP | OffshoreVASP | Offshore VASP means the exchange who does not meet any compliance requirement. |
| Regulated VASP | RegulatedVASP | Regulated VASP means the exchange who meets the specific compliance requirement in the registration country and is authorized to operate in the registration country. |
| Before On Chain | BOC | The behaviour before assets record on chain |
| Pre-transaction | Pre-transaction | before asset transfer transaction executed on the blockchain |
| After On Chain | AOF | The behaviour after the assert record on chain |
| Post-transaction | Post-transaction | after asset transfer transaction executed on the blockchain |
| PII | PII | Personally Identifiable Information |
| Ticker | Ticker | Ticker name, for example: USDT, BTC, ETH, FDUSD |
| Tag | Tag | generally tag means address tag. (e.g: TRX network’s address have tag to recognize the person) |
| Memo | Memo | Same as Ticker, memo is tag. |
| Network | Network | Network name, for example: ETH, BTC, TRX |
| Public Key | PublicKey | The Public Key for PII Encryption, Asymmetric Algorithms. |
| Mutual Transport Layer Security | mTLS | Mutual Transport Layer Security |
| Assets | assets | Crypto-currency assets or fiat assets |
| Fiat | fiat | Fiat Currency |