ITAD glossary
Plain-language definitions for the terms that become consequential when technology crosses organizational boundaries.
A continuous, attributable record of who possessed an asset or component, where it moved, what happened to it, what evidence was created, and how exceptions were resolved.
Also: asset custody history · custody trailThe attributable record of media identity, sanitization method, attempt, result, exception, alternate path, operator context, and final security closure.
Also: sanitization evidence · erasure proofA component capable of storing information and therefore requiring an explicit security and disposition outcome rather than being treated only as part of the parent chassis.
Also: storage media · data-bearing mediaAn external organization that receives an asset, component, material, or evidence obligation after an upstream ITAD processing or logistics stage.
Also: downstream vendor · downstream partnerA commercial commitment whose valuation, evidence threshold, approval authority, reserve, exception state, expiration, and customer acceptance are preserved as part of the decision record.
Also: firm offer · authorized offerThe governed process of satisfying or resolving contractual obligations for leased technology at or around the end of a lease schedule.
Also: equipment return · end-of-lease returnThe attributable difference between expected recovery and realized recovery after the asset completes its governed disposition path.
Also: value variance · recovery deltaThe governed reassignment of a usable asset or component to another approved internal user, site, business unit, or purpose instead of external sale or disposal.
Also: internal reuse · reassignmentThe governed process of preparing, pricing, routing, and selling reusable technology into an eligible secondary-market channel.
Also: resale · secondary-market saleThe expected economic value remaining in an asset at a defined future point, often relevant to lease, buyout, remarketing, and disposition decisions.
Also: residual · future asset valueA governed financial allowance used to represent uncertainty or downside exposure in a commercial asset-acquisition or disposition decision.
Also: commercial reserve · downside reserveThe process of connecting the approved commercial baseline to realized recovery, costs, fees, adjustments, reserves, customer payout, provider contribution, variance, and final close.
Also: financial close · settlement closeThe cash and timing consequence created when money is committed, processing or recovery is still underway, and settlement or buyer payment has not yet closed.
Also: cash exposure · capital duration