> For the complete documentation index, see [llms.txt](https://docs.smartfunds.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.smartfunds.xyz/glossary.md).

# Glossary

* SPV (Special Purpose Vehicle): A legal entity used to pool investments for a specific purpose.
* LP (Limited Partner): An investor in an SPV with ownership rights.
* Transfer Agent: A registered entity responsible for maintaining ownership records and processing transfers.
* ATS (Alternative Trading System): A platform for trading securities outside traditional exchanges.
