# Terac Glossary (https://terac.com/docs/experts/support/glossary) Definitions of key terms used on Terac. This glossary explains the terminology you'll encounter on Terac. ## A [#a] ### AI Interviewer [#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 [#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 [#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 [#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 [#b] ### Balance [#balance] Your **Terac balance**: the money you have earned and not yet cashed out, shown on your Earnings page. ### Bonus [#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 [#c] ### Camera Quality Check [#camera-quality-check] A quick check before some tasks that your face is visible, the lighting is good, and you are alone. ### Cash Out [#cash-out] Moving money from your Terac balance to your payout balance, then withdrawing it to your bank. ### Commission [#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 [#e] ### Earnings [#earnings] Money you've earned from approved work, referral commissions, and bonuses, added to your Terac balance. ### Expert [#expert] A verified participant on Terac who completes research opportunities. Also called a panelist. ### Explore [#explore] The page in your dashboard, at terac.com/me/opportunities, that lists the opportunities open to you. ## H [#h] ### Handbook [#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 [#i] ### Identity Verification [#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 [#insightful] The time tracker used on hourly projects. On your computer the app is called Workpuls. ### Interview [#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 [#invitation] An opportunity someone picked you for. Invitations appear on Home, where you can accept or decline them. ## O [#o] ### Onboarding [#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 [#opportunity] A research study you can apply to. Each opportunity has its own requirements, pay, and tasks. ## P [#p] ### Panelist [#panelist] Another term for an expert. A verified participant on Terac who completes research opportunities. ### Payout [#payout] A payment to you: approved work credited to your Terac balance, or money you withdraw to your bank. ### Payout Balance [#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 [#profile] Your expert profile: your information, experience, education, skills, and hourly rate. A complete profile helps match you with opportunities. ### Project-Based Opportunity [#project-based-opportunity] Ongoing work over a period of time, paid by the hour or per task on the project's payout schedule. ## R [#r] ### Referral [#referral] A new user who signed up using your referral link. You earn a commission when Terac pays them for their work. ### Rejection [#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 [#s] ### Screener [#screener] Qualification questions asked early in the application. Screeners determine if you're eligible for a study. ### Screened Out [#screened-out] When you don't meet the screening criteria for a study. This is common and not a reflection on you personally. ### Sophia [#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 [#submission] Your application and work for a specific opportunity. A submission tracks your progress from application through payment. ## T [#t] ### Task [#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 [#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 [#v] ### Virtual Incentives [#virtual-incentives] Our former payment provider, which emailed a reward link when you cashed out. Terac now pays out through [Whop](https://terac.com/docs/experts/support/glossary#whop). Payouts you already received through Virtual Incentives are not affected. ## W [#w] ### Whop [#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. *** ## Quick Reference [#quick-reference] | Term | Short Definition | | --------------- | ----------------------------------------------- | | Balance | Money earned on Terac and not yet cashed out | | Cash Out | Transfer to your payout balance, then your bank | | Expert/Panelist | Verified participant | | Opportunity | Research study to apply for | | Payout balance | Your balance with Whop, withdrawn to your bank | | Screener | Qualification questions | | Submission | Your application + work | | Task | Individual activity (survey, upload, session) | | Whop | Payout and identity verification partner | ## Missing a Term? [#missing-a-term] If you encounter a term that's not defined here, [ask Sophia](https://terac.com/docs/experts/support/contact).