GLOSSARY
The terms used across this site
Plain definitions, in the order you are likely to meet them.
-
The single current position built from every contract document you hold, kept up to date as amendments land. This is what CD Truth builds.
-
Extraction that gives the same answer from the same document every time. No generative guesswork; every answer traces to a source clause.
-
The narrow, purpose-built model Consolidocs uses for extraction, chosen deliberately over a general-purpose large language model (LLM).
-
Proof on a small sample of your own documents, before anything larger is agreed.
-
The consolidated database. What you actually have, and whether it holds together.
-
Past answers from the database for people who need them daily.
-
The database checks continuously against any standard you must meet.
-
Your own contracts compared against each other, clause by clause, then future drafts screened against the result.
-
The link between the database and the systems your teams already use.
-
What was contracted, compared against what was actually delivered or paid.
-
High-volume transactions checked against agreed terms the moment they happen.
-
The standard framework agreement governing over-the-counter derivatives between two counterparties.
-
The annex to an ISDA master agreement that sets out collateral and margin terms between the two parties.
-
The standard framework agreement for securities lending transactions between two counterparties.
-
The standard framework agreement for repurchase transactions between two counterparties.
-
A clause giving one investor or counterparty the right to terms no less favorable than those given to any other.