Glossary

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GLOSSARY

99designs.com :99designs is the world's leading design contest marketplace, powered by a massive
community of designers and business owners.

Banned : Officially prevent (someone) from doing something.

Basic Profile : The Freelancer Basic profile is the default profile after signup and free to all.

Bid : A bid is an offer of a particular amount of money for a service that is for sale.

Bid rollover : Bid rollover is a system that allows you to transfer any unused bids from your previous
membership to your new membership.

Bookmark : Bookmark used to mark one's place in freelance marketplace to record the address of (a
project, job description, etc.) to enable quick access in future.

Brand : A type of product manufactured by a particular company under a particular name.

Communication skill :The ability to communicate information accurately, clearly and as intended, such as
Speaking and Listening.

Craigslist : Craigslist is an American classified advertisements website with sections devoted to jobs,
housing, for sale, items wanted, services, community, gigs, résumés, and discussion forums.

Dispute : Argument or disagreement, an official one between a freelancer and an employer

Domain: Area of interest, e.g., skill or service offered.

Escrow: An escrow is a financial arrangement where a third party holds and regulates the payment of the
funds required for two parties involved in a given transaction

FBR : The Federal Board of Revenue is a top federal government body that investigates crimes related to
taxation and money-laundering.

Fiverr.com : Fiverr is the world's largest freelance services marketplace for lean entrepreneurs to focus on
growth & create a successful business at affordable costs.

Foreign Remittance: Transfer of money from a foreign worker to their family or other individuals in their
home countries.
Freelance Platform: Freelance platform is a marketplace for businesses and freelance workers from all over
the world.

Freelancer.com: Freelancer is a global crowd sourcing marketplace website, which allows potential
employers to post jobs that freelancers can then bid to complete.
Freelancing: A person who is self-employed and is not necessarily committed to a particular employer long-
term.

GIG : A service offered on Fiverr is called a Gig.

Guru.com: Guru.com is a freelance marketplace. It allows companies to find freelance workers for
commissioned work.

Highlighted Bids : Highlighted Bids is an option for freelancers to feature their bids, highlight it and
make it stand out from all the other bids. It incurs a one-time fee of $1.00 USD
(price can vary from freelance to freelance market place).
Hosting : A web host, or web hosting service provider, is a business that provides the technologies and
services needed for the website or webpage to be viewed on the Internet. Websites are
hosted, or stored, on special computers called servers.
Hourly job : In an Hourly job, freelancers log time with the Freelance Marketplace’s Desktop App. The
client can monitor freelancer’s progress by checking their Work Diary.
IBAN : IBAN stands for International Bank Account Number, which you can use when making or
receiving international payments. Your IBAN doesn't replace your sort code & account
number - it's an additional number with extra information to help overseas banks
identify your account for payments.
Keyword : A Keyword is a word or phrase - typically a phrase of two or more words. Keywords are used
when someone search something on internet. Keyword reflects the major aspects of a search
query. More number of keyword will generate more specific search results.
Knowledge : Facts, information, and skills acquired through experience or education; the theoretical or
practical understanding of a subject.
Learning : Learning is the process of acquiring new or modifying existing knowledge, behaviors, skills,
values, or preferences.
LinkedIn : LinkedIn is a social network for the business/professionals community.
Live : Website/service available online on the internet by some web service/host.
Mockup : A mockup/mock-up is a scale or full-size model of a design or device, used for teaching,
demonstration, design evaluation, promotion, and other purposes.

Niche : The product features aimed at satisfying specific market needs, as well as the price range,
production quality and the demographics that is intended to impact.
Outsourcing : Outsourcing is a business practice in which certain functions required by the business are
performed by outside parties on a contract basis rather than the business’s employees.
PayPal : PayPal is the online payments system that supports online money transfers and serves as an
electronic alternative to traditional paper methods like checks and money orders.
Peopleperhour.com :PeoplePerHour is a freelance market composed of people who are experts in their
fields.
PMB : A PMB is the place for you to communicate with your employer/freelancer on an online
platform.
Portfolio : A portfolio is a set of pieces of creative work intended to demonstrate a person's ability to a
potential employer.
Premium bid : A premium bid is a proposal that will show your quote at the top of the employer’s list of
quotes.
Project analysis :The examination of all the costs or problems of a project before work is started.
Project milestone :A milestone is a specific point in time within a project lifecycle used to measure the
progress of a project toward its ultimate goal. Milestones help you break up a long-
reaching job into smaller pieces that a freelancer can accomplish one at a time.
Remittance : Transfer of money by a foreign worker to an individual in his or her home country.
Niche : The product features aimed at satisfying specific market needs, as well as the price range,
production quality and the demographics that is intended to impact.
Outsourcing : Outsourcing is a business practice in which certain functions required by the business are
performed by outside parties on a contract basis rather than the business’s employees.
PayPal : PayPal is the online payments system that supports online money transfers and serves as an
electronic alternative to traditional paper methods like checks and money orders.
Peopleperhour.com :PeoplePerHour is a freelance market composed of people who are experts in their
fields.
PMB : A PMB is the place for you to communicate with your employer/freelancer on an online
platform.
Portfolio : A portfolio is a set of pieces of creative work intended to demonstrate a person's ability to a
potential employer.
Premium bid : A premium bid is a proposal that will show your quote at the top of the employer’s list of
quotes.
Project analysis :The examination of all the costs or problems of a project before work is started.
Project milestone :A milestone is a specific point in time within a project lifecycle used to measure the
progress of a project toward its ultimate goal. Milestones help you break up a long-
reaching job into smaller pieces that a freelancer can accomplish one at a time.
Remittance : Transfer of money by a foreign worker to an individual in his or her home country.

Saving on bills : Ways to save money on business cost.


Search boost : When looking at any membership above Basic you’ll start to see “Search Boost” as one of
the perks. Part of our search ranking algorithm takes into account your recent earnings.
Search boost will automatically add a predetermined “boost” to that number. The higher
your membership level, the higher your boost.
Self Confidence : The belief in oneself and abilities, it describes an internal state made up of what we think
and feel about ourselves.
SimplyHired.com : SimplyHired is an employment website and mobile application and an online recruitment
advertising network.
Skill : Skill is the knowledge and ability that enables you to do something well.
Skrill : Skrill is an e-commerce business that allows payments and money transfers to be made
through the Internet, with a focus on low-cost international money transfers.
Soft Skills : Soft Skills refer to the more intangible and non-technical abilities that are sought from
candidates. Soft skills are sometimes referred to as transferable skills or professional skills.
These are skills that are less specialized, less rooted in specific vocations, and more aligned
with the general disposition and personality of a candidate. Examples of important soft skills
are communication, teamwork and problem solving.
Software : Software is a general term for the various kinds of programs used to operate computers and
related devices.
Sponsored Bid : A Sponsored bid is a way to get noticed immediately by employers over competing
freelancers. Use it to move your bid to the top of the bid list by paying 0.75% of bid amount
(minimum $4.99 USD, maximum $19.99 USD). Sponsored bids are always displayed at the
top with a red highlight and special "Sponsored Bid" label.
Time Tracker : Time-tracker is computer software that allows the freelancer employees to record time
spent on tasks or projects.
Timeline : A timeline is a display of a list of events in chronological order.

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