Terac Glossary

This glossary explains the terminology you'll encounter on Terac.

A

AI Interviewer

Terac's voice interviewer. It runs the onboarding interview, where it introduces itself as Sophia, and the short AI screening interviews some opportunities use. The interviewer does not decide: a person on our team, or our automated review, assesses the recording and transcript.

Approval

When your submitted work is accepted. On a one-time opportunity, earnings are added to your balance once your work is approved. On a project, you are paid on the project's payout schedule.

Attestation

A verified fact about you that opportunities can rely on, such as a verified phone number, a verified identity, or a connected LinkedIn profile.

Automated Review

Terac's quality system reviewing your work instead of a person. Where it is switched on for an opportunity, it can approve your screening, usually in under a minute, and where rejecting is switched on too, it can reject a screening that falls below the quality bar. It is never based on how long a submission has been waiting.

B

Balance

Your Terac balance: the money you have earned and not yet cashed out, shown on your Earnings page.

Bonus

An additional payment on top of a study's base reward, for example for a follow-up session or an exceptional contribution. Bonuses appear in your transaction history.

C

Camera Quality Check

A quick check before some tasks that your face is visible, the lighting is good, and you are alone.

Cash Out

Moving money from your Terac balance to your payout balance, then withdrawing it to your bank.

Commission

What you earn from referrals: 20% by default of what Terac pays the person you referred, up to $1,000 per person. Some opportunities advertise a higher rate for that opportunity.

E

Earnings

Money you've earned from approved work, referral commissions, and bonuses, added to your Terac balance.

Expert

A verified participant on Terac who completes research opportunities. Also called a panelist.

Explore

The page in your dashboard, at terac.com/me/opportunities, that lists the opportunities open to you.

H

Handbook

The home page of a project-based opportunity. It covers how to do the work, how you get paid, and who to contact, with office hours, materials, and your tracked hours.

I

Identity Verification

A one-time check of your government-issued photo ID, required before you can cash out. It is run by Whop, our verification partner.

Insightful

The time tracker used on hourly projects. On your computer the app is called Workpuls.

Interview

A short AI voice conversation: the onboarding interview, or a screening step on an opportunity. Some opportunities also have a live call you book.

Invitation

An opportunity someone picked you for. Invitations appear on Home, where you can accept or decline them.

O

Onboarding

The setup after you create an account: verifying your phone, connecting LinkedIn or adding your resume, reviewing your profile and hourly rate, and an optional interview. Identity verification comes afterwards.

Opportunity

A research study you can apply to. Each opportunity has its own requirements, pay, and tasks.

P

Panelist

Another term for an expert. A verified participant on Terac who completes research opportunities.

Payout

A payment to you: approved work credited to your Terac balance, or money you withdraw to your bank.

Payout Balance

Your balance with Whop, our payout partner. You move money into it from your Terac balance, then withdraw it to your bank from the Payout balance panel on your Earnings page.

Profile

Your expert profile: your information, experience, education, skills, and hourly rate. A complete profile helps match you with opportunities.

Project-Based Opportunity

Ongoing work over a period of time, paid by the hour or per task on the project's payout schedule.

R

Referral

A new user who signed up using your referral link. You earn a commission when Terac pays them for their work.

Rejection

When submitted work is not approved in review. It can happen after an approval, in which case the payment for a one-time opportunity is reversed.

S

Screener

Qualification questions asked early in the application. Screeners determine if you're eligible for a study.

Screened Out

When you don't meet the screening criteria for a study. This is common and not a reflection on you personally.

Sophia

Terac's assistant. You can chat with her from your dashboard, these docs, or terac.com/help, and she hands anything she can't sort out to our support team.

Submission

Your application and work for a specific opportunity. A submission tracks your progress from application through payment.

T

Task

A piece of work within a submission, such as a survey, a file upload, a booked session, an agreement or contract, or a setup step on a project.

Tracked Hours

On an hourly project, the time the Insightful app recorded while your timer was running. Only tracked hours are paid, and a project may pay for only some of them: its Tracked hours tab shows your Payable hours.

V

Virtual Incentives

Our former payment provider, which emailed a reward link when you cashed out. Terac now pays out through Whop. Payouts you already received through Virtual Incentives are not affected.

W

Whop

Terac's payout partner. Whop holds your payout balance, runs a one-time identity verification before your first cash out, and transfers the money to your bank.

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Quick Reference

Missing a Term?

If you encounter a term that's not defined here, ask Sophia.