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TermDefinition
AccountAn investment account for one end user. Holds identity, contact, disclosures, and links to wallets, orders, and positions.
ACHAutomated Clearing House — electronic bank transfer network used for deposits and withdrawals.
AssetA tradable financial instrument (stock, ETF) available through Bluum.
Auto-InvestA recurring schedule that automatically invests a fixed amount into a portfolio on a set frequency.
BYO WalletBring Your Own wallet — the partner manages the balance externally and provides it via an endpoint.
Client Order IDA partner-assigned identifier for an order, used for reconciliation.
Cost BasisThe total purchase price of a position (quantity * average entry price).
CustodianA regulated financial institution that holds securities on behalf of investors. Bluum routes to custodians automatically.
DRIPDividend Reinvestment Plan — automatically reinvests dividends back into the portfolio.
DepositA money movement from a bank account into an investment wallet.
Financial PlanA generated strategy that maps the investor’s goals, risk profile, and finances into an actionable investment approach.
Fractional SharesOwning less than one full share of a stock or ETF. Enabled via notional orders.
Funding SourceA linked bank account (via Plaid) used for ACH transfers.
GoalA financial objective (retirement, education, home purchase) with a target amount and timeline.
HoldA temporary reservation on wallet funds during order execution. Released if the order is canceled, captured if filled.
Hosted WalletDefault wallet type where Bluum manages the cash balance directly.
Idempotency KeyA unique request identifier that prevents duplicate financial operations on retry.
Individual AccountAccount type for wealth management — includes investor profile, risk assessment, and portfolio management.
Investor ProfileComprehensive financial picture: demographics, employment, tax, insurance, estate, cash flow, and preferences.
IPSInvestment Policy Statement — the governing document for a managed portfolio. Defines objectives, constraints, allocation targets, and rebalancing rules.
KYCKnow Your Customer — identity verification process required before trading.
Life EventA significant personal event (marriage, job change, inheritance) that affects the financial plan.
Limit OrderAn order that executes only at the specified price or better.
Market DataReal-time and historical pricing, quotes, bars, and market status information.
Market OrderAn order that executes immediately at the current market price.
Notional OrderAn order specified in dollar amount rather than share quantity. Results in fractional shares.
Omnibus WalletWallet type with an immutable double-entry ledger for full audit trails.
PlaidThird-party service for secure bank account linking and ACH transfers.
PortfolioA managed collection of holdings governed by an IPS. Supports rebalancing, auto-invest, and DRIP.
PositionA holding in a specific asset — quantity, cost basis, current value, and P&L.
RebalancingAdjusting portfolio holdings to return to the target asset allocation defined in the IPS.
Risk AssessmentA questionnaire-based evaluation that determines the investor’s risk tolerance and recommended allocation.
SandboxDevelopment environment with simulated trading and funding. Data resets nightly.
SnapshotA point-in-time record of an investor profile, used for compliance and auditing.
Stop OrderAn order that triggers a market order when the price reaches a specified level. Used for loss protection.
TenantThe top-level entity representing a partner company. All resources (accounts, orders, etc.) are scoped to a tenant.
Time in ForceHow long an order remains active: day (current session), gtc (until filled/canceled), ioc (immediate or cancel), fok (fill or kill).
Trading AccountAccount type for self-directed investing — users decide what to buy and sell.
Trailing StopA stop order where the stop price follows the market price by a fixed offset.
WalletThe cash balance container for an investment account. Receives deposits, funds trades, disburses withdrawals.
WebhookA registered URL that receives HTTP POST notifications when events occur (order fills, deposit completions, etc.).
WithdrawalA money movement from an investment wallet to a bank account.