FOLIO Community Glossary can be found here: https://docs.folio.org/docs/glossary/

Some of the terminology in FOLIO is a little different than what we are accustomed to in Voyager. Here are some of the terms useful to know.

• FOLIO = Future of Libraries is Open. FOLIO is known as a web-based platform accessible via a specific web address.
• Community Driven = FOLIO is a platform which is always in development. New things are always being worked on, and are added a number of times per year via each new release. It is developed by a community of people working in libraries around the world who contribute to the content in FOLIO.
• Release Date = This is when a new update or new version of FOLIO is added. Different libraries will be on different versions at the same time depending on when they implemented FOLIO. 
• Honeysuckle, Iris, Juniper, Kiwi, etc. = Each new release of FOLIO has a name coming from a botanical and they progress in alphabetical order. The current release that we are using for training is Honeysuckle. We will get the Iris release in mid-May 2021 and will “go-live” on this release on July 1. Juniper will be released later in 2021.
• SIG = Special Interest Group. A Special Interest Group is a group of people from libraries and other places using FOLIO that are interested in contributing to a specific functional area of the FOLIO platform.
• Encumbrance = amount committed on a fund from a purchase order line.
• Group = will represent the collection development teams.  Ex Area, Central, Sciences, Social Sciences, Humanities, Law and Rare & Distinctive.
• Ledger = will represent our funding sources.  Endowed & Contract College funding
• Effective Location = That specific item’s most current location, where the user can go right then to find the item as long as it is Available.