Words we will not hand-wave.
Operator vocabulary for evaluations, drawdown, partners, and cash. Filter, then read the sentence we will actually defend.
White-label
Your brand on someone else's engine. You own acquisition, payouts, and the partner program. The vendor owns the software. OneProp is this model — invisible in the client area.
Challenge / evaluation
Paid test with targets and risk rules before a funded account. 1-step, 2-step, instant, and pay-later are SKU families, not religions.
Drawdown basis
How daily and max loss are measured — static, trailing, EOD equity, HWM, hybrid. Daily and max can sit on independent bases on the same account.
Consistency
Cap on how much of the target can come from a single (usually green) day. Can be off. Often on for futures, off for a ‘no consistency’ FX card.
S2S
Server-to-server conversion tracking for affiliates. Sale, refund, and chargeback postbacks. Cookies alone will not survive ITP.
IB override
Upline commission on a downline's production. Multi-tier graphs, caps, negative carry. Last-click widgets cannot do this.
Simulated evaluation
Fills that are not live-hedged. Disclose this. Most challenge books are sim. Funded may not be.
Profit split
Trader share of funded P&L. Your largest variable cost. First-payout boosts and scaling steps are plan fields.
Pay after pass
Trader starts unpaid; fee triggers on qualification. Conversion play with refund discipline and a hard fail path. Failed-fee rate belongs in the model before partners push volume.
Scaling ladder
Funded size and/or split steps up on performance. $25k → larger notionals if that is the card. Versioned with the plan.
Promo / discount code
SKU-scoped coupon, global or affiliate-owned, with limits, windows, and live redemption. Table stakes for partners.
Contest
Time-boxed competition used to capture leads and habit-form the dashboard. Same risk engine. Prize fulfillment is queued, not a DM.
On-demand payout
Trader-initiated withdrawal vs a fixed cycle. SLA is a policy field. Daily payout is a setting, not a slogan.
Pass refund
Challenge fee credited or returned when the trader funds. Billing, not a Discord promise.
Toxic flow
Behavioral cluster that blows evaluation economics — HFT, arb, copy rings, lot spikes, grid. Named detectors, not a mystery score.
Dual book
Brokerage flow and prop flow on one identity graph, separate P&L. For brokers adding a prop line — not a second CRM.
Trailing / HWM
Floor rises with peak equity (or balance) and does not walk back. Independent of daily loss. Print both if you use both.
Min trading days
Pass and payout gate. An active day is a closed trade. One lucky session is not a career.
Invisible vendor
Trader UI, mail, and legal links are yours. OneProp is not in the client area. Default, not an enterprise SKU.
If a word is missing, put it in the contact form.
We would rather define it than slide past it.