Questions tagged [laymans terms]

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Carlo Carlo Sat Nov 09 2024 | 7 answers 1651

What is NAV in layman's terms?

I'm trying to understand what NAV means in simple terms. I've heard this term being used in financial contexts, but I'm not very familiar with it. Can someone explain NAV to me in a way that's easy to understand?

What is NAV in layman's terms?
SamuraiCourageous SamuraiCourageous Thu Oct 31 2024 | 0 answers 0

What is a use case in layman's terms?

I'm trying to understand what a use case is, but I need it explained in simple, everyday language that's easy for a non-expert to grasp.

What is a use case in layman's terms?
Valentina Valentina Mon Oct 21 2024 | 5 answers 1092

What is tokenization in layman's terms?

Tokenization is a process where a piece of sensitive data, like a credit card number, is replaced with a unique identifier called a token. This token can then be used in place of the original data, keeping it SAFE and secure.

What is tokenization in layman's terms?
SakuraPetal SakuraPetal Thu Oct 10 2024 | 6 answers 1254

What is Redux in layman's terms?

Redux is a tool that helps manage data in complex applications. It keeps track of the app's state in one central place, making it easier to update and access data across different parts of the app. It's like a storage system for all the important information your app needs.

What is Redux in layman's terms?
EmmaWatson EmmaWatson Wed Oct 09 2024 | 5 answers 1559

What is INDEX match in layman's terms?

Hey there, could you please explain what INDEX match is in a simple way? I'm not too familiar with technical terms and I'm having a hard time understanding its purpose and how it works. I'd really appreciate it if you could break it down for me in a way that's easy to understand. Thanks in advance!

What is INDEX match in layman's terms?

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