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Chapter 14

Glossary

TermDefinition
RWA (Real World Asset)A physical or financial asset — such as real estate, commodities, or receivables — whose ownership or economic rights are represented digitally on a blockchain.
SPV (Special Purpose Vehicle)A legally separate entity created solely to hold a specific asset, isolating it from the broader financial obligations of the sponsor.
ERC-3643An Ethereum token standard that embeds compliance checks (KYC, sanctions screening, transfer restrictions) directly into the token smart contract.
Accredited InvestorAn investor deemed to have sufficient financial sophistication and net worth to participate in private securities offerings, as defined by applicable regulatory authority.
NAV (Net Asset Value)The current fair market value of the SPV’s assets minus liabilities, expressed on a per-token basis.
WALT (Weighted Average Lease Term)The average remaining duration of all leases in a property, weighted by rental income contribution.
USDCA regulated, fully-reserved USD-denominated stablecoin used as the distribution currency on the $AET platform.
KYC / AMLKnow Your Customer / Anti-Money Laundering — regulatory processes for verifying investor identity and preventing illicit financial flows.
OFACThe U.S. Office of Foreign Assets Control, which administers and enforces economic and trade sanctions.
Sanctioned JurisdictionA country or territory subject to comprehensive sanctions programs by OFAC, the UN Security Council, the EU, or equivalent authorities.