# Terminology To avoid confusions, here are simple descriptions of some important terms that may have a particular meaning in the context we are bringing. These words will often be highlighted in italics throughout the text so you can come back and check them. * **Rental:** to rent an NFT is to pay a certain amount to temporarily enjoy some benefits related to that particular NFT. A *rental* can refer to a particular transaction of this sort or to the very object being rented. * **Rentee:** to avoid the ambiguity of the word 'renter' we use the term *rentee* to refer to the party paying to acquire the rental. * **NFT owner:** the party that has a rightful claim of ownership to an NFT listed for rent or being actively rented. * **NFT holder:** the party marked as the owner of the NFT in the latter's contract at a given time. So a *holder* could be an owner or a rentee (or an escrow), depending on the rental status of the NFT. * **Smart Account:** an account embedded with some extra functionalities to provide better experience to users. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://pbfranceschin.gitbook.io/venn/overview/introduction/terminology.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.