> For the complete documentation index, see [llms.txt](https://docs.brava.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.brava.finance/resources/glossary.md).

# Glossary

Brava terms for workspaces, portfolios, strategies, and capital movement.

## Glossary

The words Brava uses, and what they mean.

### Workspace

The account that holds your capital. A workspace is a Safe smart account. Every Brava transaction executes from it.

Brava holds no keys. Utila or Fireblocks holds them. Nothing leaves without a custodian signature.

Capital, permissions, and history belong to the workspace you are in.

### Portfolio

Everything the workspace holds, in one view. It includes balance, cash, allocated capital, capital in transit, earnings, and exposure.

> **Changed.** Portfolio was the Dashboard. A group of holdings is now a **Strategy**.

### Strategy

A named set of holdings that capital is deployed into. It defines pools and their proportions.

> **Changed.** Strategies were Portfolios. Older material using “portfolio” as a holding container means strategy.

### Holding

One position inside a strategy. It has a pool, chain, amount, and strategy share.

### Pool

A venue Brava can deploy into on a supported protocol and chain. Holdings point to pools. Markets lists them.

### Cash holdings

Capital in the workspace, deployed nowhere. Allocations spend it. Redemptions return capital to it.

### Capital allocated

Capital working inside workspace strategies.

### Capital in transit

Capital that left one chain but has not arrived on another. It is neither cash nor allocated. It is not lost.

### Allocate and redeem

**Allocate** moves cash holdings into a strategy. **Redeem** returns strategy capital to cash holdings.

### Rebalance and transfer

**Rebalance** changes the split between a strategy’s holdings. The total does not change.

**Transfer** moves capital between strategies in the same workspace.

### Deposit and withdraw

These actions move capital between your custody wallet and workspace. They do not allocate or redeem capital.

### Bundle and sequence

A **bundle** is one instruction and its on-chain steps. It may span chains.

A **sequence** is the bundle’s work on one chain.

### Ask Brava

The assistant inside the app. Ask it about your positions, activity, or a pool.

### Agent and mandate

An **agent** researches, assesses risk, and prepares transactions through Brava. It proposes. It does not sign.

A **mandate** defines what an agent may propose and how far. Approval and signing stay with you and your custodian.

### Pending agent action

A transaction an agent prepared but cannot submit. It waits for your approval in Portfolio.


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