A token offering in return for another coin. The initiation of a new cryptocurrency is also known as an ICO.
Active Management
Active management in crypto refers to an investment strategy where portfolio managers actively make buying and selling decisions to try to outperform the market and generate higher returns.
DeFi
a movement promoting substitutes for conventional, centralized financial services.
Ad Hoc
a Latin expression that means "for this purpose" or "specifically for this" in contemporary English.