Startup & Tech Glossary

Plain-English definitions of startup, funding, AI, and tech terms — with Philippine examples where possible.

Marketplace

Technology

A marketplace is a platform that connects buyers and sellers so they can trade directly, without the company itself owning the goods.

MCP (Model Context Protocol)

Ai Machine Learning

MCP is an open standard letting AI models connect to outside tools and data in one consistent way, instead of custom code each time.

MRR (Monthly Recurring Revenue)

Startup Basics

MRR is the predictable revenue a subscription business collects every month from its currently active paying customers.

MVP (Minimum Viable Product)

Startup Basics

An MVP is the simplest version of a product a startup can build and release to learn whether real users actually want it, before investing more.