> For the complete documentation index, see [llms.txt](https://docs.plenit.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.plenit.com/docs-en/go-to-market/concepts/glossary.md).

# Glossary

Terms that appear when working with Go to Market, briefly explained.

| Term                               | What it is                                                                                                                                                                                |
| ---------------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| PVD (selling price to distributor) | The price at which we invoice you for a service. It is your cost as a partner.                                                                                                            |
| PVP (retail price)                 | The price at which you sell the service to your end customer.                                                                                                                             |
| Margin                             | The difference between the PVP and the PVD; what you earn. It is calculated with the formula `Price = Cost / (1 - margin)`, and can be defined at a general level, by service or by item. |
| Rate                               | The set of prices and margins you apply to your customers. It is the financial basis of estimates and invoicing.                                                                          |
| Recommended rate                   | The rate we propose as a starting point, adjusted to the partner's country.                                                                                                               |
| Default rate                       | The rate applied by default when creating new subscriptions and estimates.                                                                                                                |
| Billing period                     | The time basis of a rate: Per hour or Monthly.                                                                                                                                            |
| Quote                              | The offer you prepare for a customer, with the services sized and valued according to your rate.                                                                                          |
| Monthly hour estimate              | The monthly hours used to calculate the cost of a quote (730 annual average, 720 30-day month, 744 31-day month).                                                                         |
| Quote status                       | The stage an offer is in: Draft, Sent, Approved, or Rejected.                                                                                                                             |
| Clone                              | Duplicate an existing quote to reuse it with another customer.                                                                                                                            |
| Delivery note                      | The document that records a customer's subscription usage over a period, with the amount to be invoiced. It is the basis of customer billing.                                             |
| Ad Hoc Partner Service             | A custom line item you add to a quote to include something of your own that is not in the Plenit catalog.                                                                                 |
| White label                        | The ability to present materials and documents with your identity (your logo, your name) instead of Plenit's.                                                                             |

### Next steps

* Go back to[ Concepts.](/docs-en/go-to-market/concepts.md)
* See the screens in [Details.](/docs-en/go-to-market/details.md)


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