V77 Trust

Glossary: the words you'll see, in plain language

Short definitions of the EU AI Act and compliance terms used across V77 Trust.

3 min read·Updated 8 November 2026Everyone

People and roles under the AI Act

  • Provider: whoever develops an AI system (or has it developed) and puts it on the market or into service under their own name.
  • Deployer: whoever uses an AI system in their work. Most companies are deployers of tools they buy.
  • Importer / distributor: bring an AI system made outside the EU into the EU market, or pass it along the supply chain.
  • Affected person: someone the AI system makes decisions about, such as a job applicant or loan customer.

Risk words

  • Prohibited practice: an AI use banned outright by Article 5, such as social scoring.
  • High-risk AI system: AI used in an area listed in Annex III (such as hiring or credit), or as a safety component of a regulated product (Annex I). These carry the heaviest obligations.
  • Limited risk: AI with transparency duties, such as chatbots and generated content.
  • Minimal risk: everything else. No specific AI Act duties beyond AI literacy, though good practice still applies.
  • GPAI model: a general-purpose AI model, such as a large language model, that can be used for many tasks.

Documents and processes

  • Control: a specific thing you do to meet a requirement, such as "a human reviews every declined application".
  • Evidence: proof that a control is in place: a policy, a log export, a screenshot, a test result.
  • Finding: a gap or problem you've found that needs fixing.
  • Remediation task: a piece of work to fix a finding, with an owner and a due date.
  • FRIA: fundamental rights impact assessment (Article 27), required for some deployers of high-risk AI.
  • DPIA: data protection impact assessment under GDPR Article 35.
  • Technical documentation (Annex IV): the file a provider of a high-risk system must keep, describing how it was built and tested.
  • Conformity assessment: the check, done internally or by a notified body, that a high-risk system meets the requirements before it is placed on the market.
  • Serious incident: an AI failure that causes death, serious harm, a breach of fundamental rights or serious disruption. Providers must report these (Article 73).
  • Post-market monitoring: ongoing checks that a system keeps working as intended after release.

In V77 Trust

  • Assessment: the set of controls that apply to one system, with their status.
  • Proof Seal: a timestamped fingerprint of evidence that anyone can verify.
  • AI passport: a signed summary of a system's compliance status you can share with customers.
  • Activity log: the tamper-evident record of every change in your workspace.

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