Verification Code

In order to confirm the identity of the person entering an account, a verification code is given to a different device. It's used for two-factor authentication.

Fiat

Fiat money, often known as fiat currency, is money that a government has recognized as legal tender and that it supports.

Impermanent Loss

When there is a price difference between the two assets a trader owns on a DEX, often a cryptocurrency and a stablecoin (such as USDC), impermanent loss might occur.

Ad Hoc

a Latin expression that means "for this purpose" or "specifically for this" in contemporary English.