Glossary

Short definitions for readers of this public guide. Wording is explanatory, not legal.

Term	Meaning
Auto-generated invoice	Invoice the platform creates from structured booking report data submitted over the API, without someone retyping the reservation.
Auto-approval	Buyer configuration that approves qualifying invoices without manual clicks, subject to thresholds and periodic caps.
Available balance (buyer)	Funds presented as immediately usable for supported actions such as early settlement or transfers, subject to provider connectivity and policy.
Booking report	Structured payload sent over the API (single booking or batch) that describes travel inventory or services sold; the primary input for automatic invoice generation.
Buyer	Organisation that purchases travel inventory or services from sellers and runs approvals and settlement through Expereon.
Collateral balance (buyer)	Funds presented as backing approved obligations, often showing free, used, and utilisation metrics.
Connection (buyer–seller)	Mutual commercial link inside the product, with settings for trust, terms, and sometimes automation.
Deposit / withdraw / transfer	Buyer funding actions between bank or provider rails and the balances surfaced in Expereon.
Dispute	Structured disagreement on an invoice, potentially escalating to mediation.
Draft invoice	Seller-prepared invoice not yet submitted for buyer action.
Funding history	Chronological record of deposits, withdrawals, and transfers between available and collateral balances for audit.
Integration (API)	Machine-to-machine access using keys, REST-style calls, and optional webhooks.
Manual approval	Configuration where humans must approve every invoice before it becomes a binding obligation.
Organisation	Tenant container for users, settings, counterparties, and financial configuration.
Overdue	State indicating settlement did not complete by required deadlines—triggers operational follow-up.
Payout / off-ramp (seller)	Movement from in-platform settlement form to external wallet or bank rails where supported.
Pending settlement	Post-approval phase where an invoice awaits settlement according to terms and balance source.
Refund	Buyer-initiated reversal request reviewed by seller, with system execution when approved.
Sandbox	Non-production environment for safe integration testing.
Seller	Organisation supplying travel services and receiving settlement for approved invoices.
Trust mode	Buyer-level posture combining manual approval, automation thresholds, pauses, and periodic limits.
Utilisation	Measure of how much collateral capacity is consumed versus remaining headroom.
Wallet (seller)	Crypto-style address or hosted wallet capability used to receive programme settlement.