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-rw-r--r--developers-manual.rst6
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diff --git a/developers-manual.rst b/developers-manual.rst
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@@ -839,10 +839,16 @@ Fulfillment URL
Terms to Use
------------
+Auditor
+ Regulatory entity that certifies exchanges and oversees their operation.
+
Exchange Provider
The entity/service that gives out digital cash in exchange for some
other means of payment.
+ In some contexts, using "Issuer" could also be appropriate. When showing a balance breakdown,
+ we can say "100 Eur (issued by exchange.euro.taler.net)".
+
Refund
A refund is given by a merchant to the customer (rather the customer's wallet)
and "undoes" a previous payment operation.