# Glossary

AMM - [Automated Market Maker](https://www.coindesk.com/learn/2021/08/20/what-is-an-automated-market-maker/)

DAO - [Decentralized Autonomous Organization](https://www.investopedia.com/tech/what-dao/)

IRO - [Initial Real Estate Offering](https://horizondao.gitbook.io/docs/tokenization/how-tokenization-work)

POC - [Proof of Concept](https://www.techopedia.com/definition/4066/proof-of-concept-poc)

NFT - [Non-Fungible Tokens](https://www.investopedia.com/non-fungible-tokens-nft-5115211)

reNFT - [Real Estate Non-Fungible Tokens](https://horizondao.gitbook.io/docs/tokens/real-estate-nft)

REIT - [Real Estate Investment Trust](https://www.investopedia.com/terms/r/reit.asp)

RevDis - Revenue Distribution

RWAs - [Real-World Assets](https://horizondao.gitbook.io/docs/overview/introduction/tokenized-real-world-asset)

SPV - [Special Purpose Vehicle ](https://www.investopedia.com/terms/s/spv.asp)

[Smart Contract](https://www.investopedia.com/terms/s/smart-contracts.asp) - A self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.
