> ## Documentation Index
> Fetch the complete documentation index at: https://razorpay-60c89f9a-mintlify-audit-missing-sections-1778528421.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Glossary

> The following table lists all the commonly used terms and their definitions used in Route:

## Terms | Description

## Funds | Payments collected from the customer for products and services offered.

## Linked Accounts | Accounts created for third-party sellers once they are onboarded on the Razorpay platform.

## Onboarding | The process of adding individual sellers on the Razorpay platform. This process requires submission of the mandatory information such as bank account details of the linked accounts.

## Refund | The process of returning funds to the customers from the linked accounts.

## Refund Credit | A separate pool of funds created by you or the linked account to process refunds from.

## Reversal | The process of moving the transferred funds back from the linked account to your account. This is initiated by you.

## Settlement | The process of completing a payment transaction, wherein Razorpay does a transfer of pending funds to your bank account and your linked account's bank account.

## Transfer | The process of moving funds from your account to the linked account.