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Glossary: I–L

Every StartupBuilder term from I–L, with its kind and one-sentence definition.

108 terms from I–L, each with its kind and one-sentence definition.

Terms

TermKindDefinition
ICPNounAn ICP is the ideal customer profile a Startup is built to win: who they are and what they do.
IdeaLifecycle stateIdea is the state of a Startup that states its Idea and who pays, before any build work starts.
IdeaNounAn Idea is a business concept that exists apart from any Startup that pursues it and outlives each one.
Idea.pursueVerbPursue starts a Startup on an Idea as one variant of the Experiment that tests the Idea.
IdentityCapabilityIdentity signs in humans and agents, issues every key and session, and connects single sign-on and directory sync for Customers.
Identity checksLegal floor rowIdentity checks verify the natural person behind a Company, its beneficial owners, and representatives wherever KYC or a notary requires the person themselves.
ImplementationNounAn Implementation is how an Interface, System, or Verb of a Product runs: managed by the platform, custom code on it, or external.
Import and exportCapabilityImport and export bring a Customer’s records in from another tool and hand every record back in one call.
Inbound salesProcessInbound sales answers every Lead in writing at once and carries the buyer to a signed Agreement.
IncidentNounAn Incident is an Issue where an Interface or Site fails Customers in production, tracked from detection to postmortem.
Incident handlingControlEach Incident is contained, restored and closed with a postmortem and the Change that prevents a repeat.
Incident responseProcessIncident response restores service first, fixes the cause second, and prevents the repeat third.
Incident.acknowledgeVerbAcknowledge records that an on-call Worker owns an open Incident and stops its escalation.
Incident.openVerbOpen starts an Incident from a failing Monitor, an error spike or a Metric past its threshold, and pages the on-call Worker.
Incident.resolveVerbResolve closes an Incident once its Monitors pass, posts the resolution to the status page and opens the review Task.
IncorporationProcessIncorporation forms the Startup’s own Company: the entity Decision, the certificate, a registered agent, the tax id, a bank account and founder shares.
Information returnsLegal floor rowInformation returns collects a tax form and matches a TIN before a Company first pays a non-employee, then files each year’s returns.
Inherited floorsControlA namespace inherits every control Setting from its parent and can tighten it, never loosen it.
Input validationControlEvery Action’s inputs are checked against its Verb’s declared fields before it runs, and invalid input ends the Action refused.
InstagramVenueInstagram is a social Venue.
InstrumentNounAn Instrument is a right to future ownership in a Company: a SAFE, a note, an option or a warrant.
Instrument.cancelVerbCancel ends an unvested, expired or forfeited Instrument and returns any option Shares to the pool.
Instrument.convertVerbConvert turns a SAFE or note into Shares at a priced round, at its cap or discount, whichever gives more Shares.
Instrument.exerciseVerbExercise buys the Shares an option or warrant covers at its strike price, up to what has vested.
Instrument.grantVerbGrant gives a Holder an option from the pool, with its strike price, vesting schedule and cliff.
Insurance applicationsLegal floor rowInsurance applications have an officer sign every representation on an application, since a misstatement can void the policy.
Insurance producersLegal floor rowInsurance producers sells, quotes, or negotiates insurance only through a producer licensed in the buyer’s state, and pays commission only to licensees.
Intakes answered on timeMetricIntakes answered on time is the share of intake Threads that get a first answer before their deadline.
IntegrationNounAn Integration is a wrapped Source bound to a System with credentials, at Studio, Startup, or Customer scope.
Integration EngineerRoleThe Integration Engineer connects each Startup to its providers and imports, and keeps every sync healthy.
Integration partnersPlayIntegration partners ship an integration with a product the Customer already uses, then list it and share Leads under a referral Agreement.
Integration.callVerbCall sends one request to an upstream through an Integration, with its token filled in server-side, for endpoints no Mapping covers.
Integration.connectVerbConnect asks an account holder to approve an outside account for one System and records the grants they approve.
Integration.pauseVerbPause stops every call through an Integration at once and keeps its token and cursor.
Integration.reconnectVerbReconnect re-approves an Integration in place, keeping its id and cursor, so nothing re-imports.
Integration.refreshVerbRefresh renews an Integration’s outside token before it expires; a refused refresh moves it to needsReauth.
Integration.resumeVerbResume restarts a paused Integration from its cursor and releases the Actions that waited on it.
Integration.revokeVerbRevoke ends an Integration at once: its token is revoked with the upstream, and every record it brought in stays.
Integration.syncVerbSync exchanges records between a System and its connector, and the declared leader wins every conflict.
IntegrationsCapabilityIntegrations bind a wrapped outside Source to a System with credentials under an Agreement.
Intellectual propertySystemIntellectual property keeps a Startup’s trademarks, patents, Domains and handles as one register, with deadlines and renewals watched.
InterfaceNounAn Interface is how a person or an Agent reaches a Product: an API, MCP server, CLI, SDK, Site, or App.
InterviewNounAn Interview is one person’s pass through a question script, led by an Agent, whose answers become Evidence.
Investment advisersLegal floor rowInvestment advisers sells personal securities advice only through a registered adviser; a Startup itself publishes general information only.
InvoiceNounAn Invoice is what a Customer owes for one or more Offers over one billing period.
Invoice remindersWorkflowInvoice reminders tell each Customer about a send Invoice before its due date and once past it, and never retry a charge.
Invoice.billVerbBill finalizes an Invoice and presents it to the Customer for payment.
Invoice.collectVerbCollect charges a Customer’s saved payment method for an open Invoice and retries on failure.
Invoice.refundVerbRefund returns all or part of a paid Invoice to the Customer’s original payment method and posts the reversing Entries.
Invoice.voidVerbVoid cancels an unpaid Invoice, keeps it on record, and posts the reversing Entries.
InvoiceListComponentInvoiceList lists one Customer’s Invoices newest first, each with its status, its PDF and a pay button while it is open.
InvoicingCapabilityInvoicing bills a Customer with a numbered Invoice, payment terms and a hosted payment page, then collects, reminds or voids it.
IssueNounAn Issue is a Task reporting a problem or request, such as a bug or a feature request, with a reporter and a triage step.
Issue a refundWorkflowIssue a refund returns money within the Billing Specialist’s Limit and leaves an Approval for any amount above it.
Issue.estimateVerbEstimate records the effort an Issue needs, in days, so a week holds only what fits.
Issue.reopenVerbReopen returns a resolved Issue to its owning Role when the fix does not hold.
Issue.resolveVerbResolve closes an Issue with its fix recorded and tells every Customer who reported it.
Issue.scheduleVerbSchedule commits an Issue to a week of work and records each scope change after the week starts.
Issue.triageVerbTriage sets an Issue’s severity and owning Role from its content and the Customer it affects.
IterationProcessIteration improves the Startup one change at a time: one number, the worst step, and one change a week.
JurisdictionsLegal floor rowJurisdictions governs a first cold email outside the US: sent under legitimate interest with its source named, or skipped where Consent is required.
Key ResultNounA Key Result is one measurable target inside a Goal: a Metric, a baseline, a target, and a deadline.
Keyless signupPlayKeyless signup lets an Agent call and pay on first contact, with no key and no signup, through a priced payment-required reply.
KeyResultComponentKeyResult shows one Key Result's value against its target, with a weekly pace derived from the distance and weeks left.
KeywordNounA Keyword is a search phrase or AI prompt that Pages target, with its rank and citations observed over time.
Keyword.measureVerbMeasure records a Keyword’s monthly search volume, difficulty, cost per click and trend in one locale.
Knowledge baseSystemKnowledge base holds the articles Customers and Agents answer from, in a searchable help center that cites every answer.
KV and cacheCapabilityKV and cache serve hot reads at the edge with explicit expiry, and every value rebuilds from the database.
Launch announcementWorkflowLaunch announcement tells a new Startup’s Audiences it is live through a launch post, its listings, and Agent registries.
Launch sitesPlayLaunch sites post a one-day launch of one ready Startup, written and answered by a Human, that buys a dated record and a backlink.
Launch weekPlayLaunch week batches a quarter’s tier 1 and tier 2 Changes into five dated days of posts, Pages, listing refreshes and newsletters.
LaunchesProcessLaunches tell the right Audiences a Startup is live, where those Audiences already look.
Lawful basisControlPersonal data is processed only under a recorded Consent or another lawful basis tied to a Purpose.
LawyersLegal floor rowLawyers applies the conduct rules wherever a lawyer’s services are sold: no outcome promises, no paid recommendations, no fee-sharing, and conflict checks.
LeadNounA Lead is a Contact who raised a hand, by joining a Waitlist, filling a Form, or replying, without accepting an Offer.
Lead nurturePlayLead nurture enrolls each Lead who has not bought in a Sequence keyed to what they do, ending at purchase, reply or 90 silent days.
Lead.assignVerbAssign gives a Lead one owner Worker, by round robin, territory or ICP fit, as the Startup’s routing Policy says.
Lead.convertVerbConvert ends a qualified Lead’s pursuit as a Lead: it opens a Deal or routes the Lead to self-serve checkout.
Lead.disqualifyVerbDisqualify ends a Lead’s pursuit because it fits no Offer, with the reason; its Contact record and Consent stay.
Lead.nurtureVerbNurture takes a Lead that is not ready to buy off its owner’s queue and onto a Sequence, until it raises a hand again.
Lead.qualifyVerbQualify confirms a Lead matches an Offer’s ICP and opens a Deal for it.
LedgerSystemLedger is the double-entry book of record: Entries posted from Events, reconciled to Transactions, and closed each Period into statements.
Legal LeadRoleThe Legal Lead keeps the Startup’s terms, privacy notice, and Consent rules current and routes every Reserved Act to a licensed Human.
Legal noticesProcessLegal notices routes subpoenas, summonses, demand letters, and regulator inquiries to the owner of record within a day, and holds the records they name.
Legal processLegal floor rowLegal process answers a subpoena, summons, or court order by its deadline through the owner of record, and holds every record it names.
Legal servicesCapabilityLegal services draft, review and advise, with every Reserved Act performed by an independent licensed attorney.
Legal TeamTeamThe Legal Team keeps the Startup lawful: Agreements, privacy and Consent from day one, screening of every Offer, and every Reserved Act.
LensGridComponentLensGrid places Things on a stored two-by-two grid of two Metrics, as one part of a Dashboard.
License renewalsProcessLicense renewals renews each business license and permit before it expires and holds any Offer that depends on one that lapses.
Licensed actsLegal floor rowLicensed acts stops an Order’s work at every Reserved Act until a credentialed Human in standing signs it as an Attestation.
Licensed professional networkStartup TemplateA Licensed professional network extends the Founder-led marketplace into a Licensed-human marketplace that buyers and their Agents book.
Licensed reviewCapabilityLicensed review has a credential holder review agent-prepared work and approve, return or decline it under their own Credential.
Licensed reviewProcessLicensed review puts a credentialed Human’s Attestation on every Reserved Act before it reaches a Customer.
Licensed-human marketplaceProduct TemplateA Licensed-human marketplace matches buyers with credentialed professionals and adds recruiting, Credential checks, and an App where they take work.
Licenses and permitsCapabilityLicenses and permits obtain and renew the business licenses and regulated authorities the Company needs where it operates.
LicensingLegal floor rowLicensing holds an Offer from sale until every Credential, registration, or entity of record it needs is held and counsel has read it.
LifecycleNounA Lifecycle is the states a Thing of one Noun moves through and the Verbs that move it between them.
Lifetime valueMetricLifetime value is the contribution an outside Customer is expected to produce, capped at 24 months.
LimitNounA Limit is a bound on a Permission, Entitlement, or Mandate, checked before every call; exceeding it creates an Approval.
Limit.raiseVerbRaise lifts a Limit after an Approval allows it, and the Action that waited on it proceeds.
LinkedInVenueLinkedIn is a professional Venue.
LinkedIn outboundPlayLinkedIn outbound sends connection requests and Messages from a Human’s own LinkedIn profile under a Mandate, with Agents researching and drafting.
LiquidityMetricLiquidity is the share of listings that transact with an outside Customer within the window.
ListingsSystemListings presents other Parties in a public Collection: unclaimed profiles, claims, verification, paid placement and moderation.
LiveLifecycle stateLive is the state of a Startup that is publicly reachable and takes money from Customers for at least one Offer.
LocalizationCapabilityLocalization translates a Startup’s Site, docs, Messages, and support into each Market’s locales and keeps every translation in step with its source.
Log completenessControlEvery Event commits to the previous Event’s hash, and hourly published roots let anyone prove the log complete.
Logo churnMetricLogo churn is the share of outside Customers paying at the start of a month who stop paying by its end.

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