Reference
Tribal Trust Asset Management System glossary
Terms used in Tribal Trust Asset Management System and its documentation.
Applies to Tribal Trust Asset Management System as it works today. Moraph updates the platform continuously, and this page is reviewed when it changes.
Terms used in Tribal Trust Asset Management System and its documentation.
| Term | Meaning |
|---|---|
| Tract | A parcel of trust or restricted land identified by a tract number, legal description and acreage. |
| Fractional interest | An owner's undivided share of a tract, stored as an exact fraction rather than a rounded decimal. |
| Title change | A record of an approved probate order or conveyance that changes who owns interests in one or more tracts. |
| Suspense item | A receipt held because it cannot yet be allocated to a contract, tract or owner. |
| Distribution run | One calculation and approval of owners' shares of income for a period and income type. |
| Encumbrance | A lease, permit, right-of-way or lien recorded against a tract. |
| Allocation rule | The configured method for dividing an income type across tracts and owners. |
| Delegated authority | The approval powers an approving official holds, and the regions or tribes they apply to. |
| Posting confirmation | The return file from beneficiary accounting confirming that distribution amounts were posted to accounts. |
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