| Vendor | A business (you) selling through the marketplace, with its own portal login, catalog, orders and payouts. |
| Marketplace operator | The company running the marketplace: approves vendors, moderates listings, takes commission, runs payouts. |
| Vendor portal | Your web app — the address ending in /portal — for everything in this guide. |
| Storefront | The public shop where buyers browse and order. Your approved products appear there with a “Sold by” badge. |
| Listing | One product in your catalog, in one of four review states (Draft, In review, Approved, Rejected). |
| Moderation | The operator’s review of every new or edited listing before it goes live. |
| Draft | A listing you haven’t submitted for review yet. Invisible to buyers. |
| In review | A listing waiting in the operator’s moderation queue. Invisible to buyers. |
| Approved & live | A listing the operator approved — visible and buyable on the storefront. |
| Needs changes / Rejected | A listing the operator sent back with a reason; fix it and resubmit. |
| SKU | Your unique code for a product. Fixed once the product is created. |
| Unit | What one “1” of the product is (each, metre, box…). Prices are per unit. |
| Price tier | A minimum quantity plus a unit price — volume pricing (“100+ at 450.00”). Tiers are proposed prices until the operator approves the listing. |
| On request | The price shown to buyers when a listing has no priced tiers; buyers must ask for a quote. |
| Sub-order | Your share of a buyer’s order after the marketplace splits it per vendor. What the Orders page lists. |
| Fulfilment | Advancing a sub-order: pending → accepted → shipped → delivered (or cancelled). |
| Gross | The full sold value of your items on an order, before commission. |
| Commission | The operator’s percentage of gross, frozen into each order at the moment of sale. |
| Net | Gross minus commission — the amount payable to you. |
| Payout | A bundle of your delivered, unpaid sub-orders’ net amounts, disbursed by the operator in one transfer. |
| Net-N (payout terms) | Payment due within N days after an order is delivered (e.g. Net-30). |
| Remittance | The payout’s detail view: every order it settled, line by line, with the reference to match your bank statement. |
| Invite | The single-use, 14-day activation link emailed to an approved applicant. |
| Organization ID | The number identifying one marketplace when the same email exists on several. |
| Member / Admin | Vendor portal roles: members sell; admins also manage the team. |