Freelancers provide professional services independently for employers or companies and get paid for their work. Employers hire freelancers to outsource or delegate projects to. Outsourcing sites act as an agent to connect buyers and freelancers. Freelancers bid on projects by providing a quote or cost estimate, and may provide a mockup or demonstration of their idea to attract employers. Projects have milestones or stages that the employer can pay the freelancer for upon completion. Freelancers and employers can communicate privately and rate each other, with higher ratings indicating greater credibility and trust. Escrow protects payments by holding funds until a project is completed. Freelancers set hourly rates or fixed rates for projects. Non-disclosure agreements protect

1. Freelancer/contractor/provider : Someone who provide professional services to employers or companies, which
they work independently, anytime and anywhere, and get paid.
Buyer/employer/client : Owner of the project, who hire freelancers.
Outsourcing : A delegation of the project to those who are able to do (“Provider”). In the world of freelancing,
outsourcing site as an agent to bring together buyers and providers.
Bid : The auction price rate provided by the buyer/employer/client to the freelancer.
Quote : Cost estimates required by freelancer to complete a project. The cost will billed to the buyer, if the project
completed.
Mockup : Description or demonstration of idea or project concept. Often shown or used by provider to attract the
attention of the employer before the agreement contract approved ( “deal”).
ASAP : As Soon As Possible ( “urgent project”).
Featured ( "special project" ) : A project that be paid by buyer for long-term contract.
Project Milestone : Stages of the project.
Milestone Based : The buyer/employer/client bills on projects that have been passed or completed by you as a
freelancer.
PMB (“Private Message Board”) : This feature allows you to contact prospective buyers/employers/clients.
Rating : Percentage of satisfaction/trust/feedback placed by the buyer/employers/clients to you as service provider
(freelancer). In other words, the high percentage, indicating that you have good credibility in the eyes of
buyers/employers/client. This rate has scale of 1-10 or 1-100%.
Escrow : This feature aimed to guarantee payouts agreement between freelancers with buyers/employers/client. So,
before a project is done, freelancers can request the buyer/employer/client to deposit money through escrow, after the
job projects completed, payment can be disbursed.
Hourly rate : Price rate of a project based on working hourly.
Fixed rate : Buyers/employers/client pays using the contract system, which price rate until the project completed.
NDA ( Non Disclosure Agreement ) : Agreement or legal contract between two or more parties that outlines
confidential materials, knowledge, information that each party would like to share with one another for a particular
purpose, but want to restrict access by third parties .
Pitching : The concept similar with "bid", the pitching process required to include a project p roposal containing the
offer price, mockup, timeline, teams and matters relating to the project. Clients will invite some providers to compete
with each other both skills, concept, price, and time. The decision will be determined entirely by the client.
Testimonial / Review : Client's comments to you as a worker on the results of projects your are done or otherwise.