Reference
Glossary of legal, immigration & financial terms
Plain-language explanations of the terms you will encounter on the platform and in your case.
22 terms
- Administrative AppealImmigration
- A formal challenge to a government decision — such as a rejected visa or revoked status — through the administrative court system.
- AML (Anti-Money Laundering)Platform
- The regulatory framework that prevents financial crime through transaction monitoring.
- ApostilleLegal
- An official certification that authenticates a document for use in another country that is a signatory to the Hague Convention.Learn more
- Attorney-Client PrivilegeLegal
- A legal protection that keeps communications between a lawyer and their client confidential. It applies to formal representation, not to advisory consultations.
- Auto-entrepreneurFranceFinancial
- The French simplified self-employment status for freelancers and small businesses.
- Due DiligenceLegal
- A thorough investigation and verification process carried out before entering a legal or financial arrangement.
- EMI (Electronic Money Institution)Platform
- An EU-licensed entity authorised to issue electronic money and process payments — Mercuryo's regulatory status.
- EscrowFinancial
- A financial arrangement in which a third party holds funds until agreed conditions are met by both sides.
- FiduciaryFinancial
- A person or organisation legally obliged to act in the best interest of another party.
- JDG (Jednoosobowa Działalność Gospodarcza)PolandFinancial
- The Polish sole-trader / self-employment registration.
- JurisdictionLegal
- The geographic area or court system in which a lawyer is licensed to practise. A Polish lawyer cannot represent you before a German court without specific authorisation.
- KYC (Know Your Customer)Platform
- The verification process that confirms the identity and legitimacy of people using financial services.
- NotarizationLegal
- Certification by a notary that a document is authentic and that the signatory's identity has been verified.
- Partita IVAItalyFinancial
- The Italian VAT number required for self-employed individuals and freelancers working in Italy.Learn more
- Power of Attorney (PoA)Legal
- A legal document that authorises someone to act on your behalf in legal or financial matters.
- Pro BonoLegal
- Professional services provided free of charge, typically for those who cannot otherwise afford them.
- Retainer AgreementLegal
- A formal contract between a client and a lawyer that sets out the scope and cost of legal representation. It differs from a one-time consultation.
- Schengen AreaImmigration
- The group of European countries that have abolished passport controls at their shared borders.Learn more
- Settlement (T+3)Financial
- An industry standard meaning a transaction is finalised three business days after it is initiated.
- Statute of LimitationsLegal
- The legal deadline by which a claim must be filed. Missing it usually means losing the right to pursue the case.
- Temporary Protection StatusImmigration
- An EU mechanism that provides immediate protection to displaced persons, activated for Ukrainians in 2022.Learn more
- VNJ / Residence PermitPolandImmigration
- The Polish permit (zezwolenie na pobyt) that allows a non-EU citizen to reside legally in Poland.