Skip to content
The Madison Avenue Field GuideA field guide to marketing & advertising, by Brandon Mina

GlossaryAdtech & Programmatic

An auction gavel wired into a network of pipes and circuit traces, 1960s ink-and-gouache magazine-ad illustration
Adtech & Programmatic: 132 terms in this part of the guide

Category · 132 terms

Adtech & Programmatic

How digital ads are bought, sold, and served by machines.

By Brandon MinaCEO, BrandPilot AIUpdated November 2026

Learn it in a course →
  • Above the Fold (ATF)

    Ad placements visible on screen without scrolling, usually more viewable and priced higher than below-the-fold slots.

  • Ad Blocking

    Software or browser features that prevent ads from loading, reducing publisher revenue and pushing formats like server-side ad insertion.

  • Ad Exchange

    A digital marketplace where buyers and sellers trade ad impressions, usually via real-time auctions.

  • Ad Fraud (Invalid Traffic)

    Impressions, clicks, or conversions generated by bots or deceptive practices rather than real people.

  • Ad Inventory

    The total ad space a publisher has available to sell, usually measured in impressions.

  • Ad Mediation

    Software in mobile apps that manages multiple ad networks to fill each ad request, historically by waterfall and increasingly through bidding.

  • Ad Network

    A company that aggregates inventory from many publishers and sells it to advertisers in packages.

  • Ad Operations (Ad Ops)

    The team and processes that set up, traffic, optimize, troubleshoot, and report on digital ad campaigns.

  • Ad Refresh

    Reloading a new ad in the same slot after a time interval or user action while the page stays open, increasing impressions per page view.

  • Ad Request

    A call from a page, app, or player asking an ad server or exchange for an ad to fill an available slot.

  • Ad Server

    Technology that stores, delivers, and tracks ads across sites and apps.

  • Ad Stacking

    Fraud where multiple ads are layered on top of each other in one slot so several impressions are counted but only one is visible.

  • Ad Tag

    A snippet of code placed on a page, app, or in a player that calls an ad server to request and display an ad.

  • Ad Tax

    The share of media spend absorbed by intermediaries before reaching the publisher.

  • Ad Trafficking

    Setting up campaigns in an ad server, including uploading creatives, configuring line items, targeting, and tags, so ads deliver correctly.

  • Ad Unit

    A defined space on a website or app where ads can appear, with set sizes and formats, configured in the ad server.

  • Ad Verification

    Third-party measurement that confirms ads ran where, when, and how they were supposed to.

  • Addressable TV

    TV advertising that serves different ads to different households on the same program.

  • ads.cert

    An IAB Tech Lab protocol that uses cryptographic signatures to verify that bid requests and their contents genuinely come from the stated seller.

  • ads.txt

    A publicly posted file listing companies authorized to sell a publisher's inventory.

  • Agentic Advertising (Ad Context Protocol, AdCP)

    AI agents planning, negotiating, and buying media; AdCP is an open protocol launched in 2025 to let such agents transact across ad platforms.

  • Allowlist (Inclusion List)

    A list of approved sites, apps, or channels an advertiser restricts its ads to, offering control at the cost of scale.

  • Audience Segment

    A defined group of users sharing traits or behaviours, such as in-market auto shoppers, packaged for ad targeting.

  • Banner Ad (Display Ad)

    A static or animated image ad shown in a defined space on a website or app, the most common digital ad format.

  • Behavioral Targeting

    Targeting ads based on a person's past browsing or purchase behavior.

  • Better Ads Standards

    Coalition for Better Ads guidelines identifying intrusive formats, such as pop-ups and auto-playing sound video, that Chrome has used to filter ads.

  • Bid Density

    The number of bidders competing for an impression; more bid density generally raises clearing prices for publishers.

  • Bid Request

    The data packet an SSP or exchange sends to buyers describing an available impression.

  • Bid Response

    A DSP's reply to a bid request, containing its bid price, the ad creative or markup, and deal or tracking details.

  • Bid Shading

    An algorithm that lowers a bid in first-price auctions toward the likely clearing price.

  • Bidstream Data

    The user, device, location, and page or app information transmitted in bid requests during real-time auctions.

  • Blocklist

    A list of domains, apps, channels, or keywords an advertiser excludes so its ads don't appear there.

  • Bot Traffic

    Automated, non-human visits to sites or apps that generate fake impressions or clicks.

  • Brand Safety

    Measures that keep ads away from content that could harm an advertiser's reputation.

  • Brand Suitability

    Advertiser-specific rules about which content is appropriate, beyond baseline brand safety.

  • Buy Side vs. Sell Side

    The buy side (advertisers, agencies, DSPs) purchases ad inventory; the sell side (publishers, SSPs, exchanges) offers and monetizes it.

  • Clearing Price

    The final price paid for an impression in an auction, after any floors, fees, or shading are applied.

  • Click Fraud

    Generating fake clicks on ads, via bots, click farms, or scripts, to drain advertiser budgets or inflate publisher earnings.

  • Click Injection

    Mobile fraud where a malicious app detects another app's install and fires a fake click just before it completes to steal attribution credit.

  • Connected TV (CTV)

    Television content streamed over the internet to a TV via smart TVs or streaming devices.

  • Contextual Targeting

    Placing ads based on the content of a page or video rather than the viewer's identity.

  • Cost Per Install (CPI)

    A mobile pricing model or metric where the advertiser pays for each app install driven by an ad.

  • Cost Per Lead (CPL)

    A pricing model or metric where the advertiser pays for each lead, such as a form fill or sign-up.

  • Cost Per Point (CPP)

    The cost to buy one rating point (1% of the target audience), a traditional TV and radio planning metric.

  • Cross-Device Targeting

    Reaching the same person or household across phones, computers, and TVs by linking devices through identity data.

  • Curation (Curated Marketplace)

    Packaging inventory and data from multiple publishers into a deal for buyers, often done on the sell side by SSPs or data companies.

  • Dayparting

    Scheduling ads to run only during specific hours or days when the target audience is most likely to respond.

  • Deal ID

    A unique identifier that links a buyer and seller's negotiated terms in a programmatic transaction.

  • Demand-Side Platform (DSP)

    Software advertisers and agencies use to buy ad impressions across many exchanges from one interface.

  • Digital Out-of-Home (DOOH)

    Digital screens in public places, increasingly bought programmatically.

  • Discrepancy

    The difference between impression, click, or spend counts reported by two systems, such as a publisher's and an advertiser's ad server.

  • Domain Spoofing

    Fraud where low-quality or fake inventory is misrepresented in bid requests as coming from a premium publisher's domain.

  • Dynamic Creative Optimization (DCO)

    Technology that assembles and tests ad variations in real time based on data about the viewer.

  • Effective CPM (eCPM)

    Revenue or cost per thousand impressions calculated across any pricing model, used to compare CPC, CPA, and CPM performance on one basis.

  • FAST (Free Ad-Supported Streaming TV)

    Linear-style streaming channels that are free to viewers and funded by ads.

  • Fill Rate

    The percentage of ad requests that are filled with an ad.

  • First-Price Auction

    An auction in which the winner pays exactly what they bid.

  • Floor Price

    The minimum price a publisher will accept for an impression.

  • Frequency Capping

    A limit on how many times one person sees an ad over a set period.

  • General Invalid Traffic (GIVT)

    Non-human or invalid traffic identifiable through routine filtering, such as known crawlers, data-center traffic, and bot lists.

  • Geofencing

    Targeting ads to devices inside a defined geographic boundary.

  • Global Alliance for Responsible Media (GARM)

    A World Federation of Advertisers initiative that created shared brand safety and suitability frameworks; it was discontinued in 2024.

  • Global Privacy Platform (GPP)

    An IAB Tech Lab framework that packages consent and privacy signals for multiple jurisdictions into a single string for the ad supply chain.

  • Google Ad Manager (GAM)

    Google's publisher ad server and exchange platform, used by many publishers to manage direct deals, programmatic demand, and inventory.

  • Header Bidding

    A technique that lets publishers offer inventory to multiple demand sources at once before calling their ad server.

  • Homepage Takeover

    A premium buy where one advertiser owns most or all ad placements on a site's homepage for a set period, often including site skins.

  • IAB Content Taxonomy

    A standardized IAB Tech Lab classification of content categories used to label pages and apps for contextual targeting and brand safety.

  • IAB Standard Ad Sizes

    Common display dimensions defined by the IAB, such as 300x250 medium rectangle, 728x90 leaderboard, 160x600 skyscraper, and 320x50 mobile banner.

  • IAB Tech Lab

    The IAB's technical standards body, which publishes specifications such as OpenRTB, VAST, ads.txt, sellers.json, and the Open Measurement SDK.

  • Impression Multiplier

    A DOOH factor estimating how many people see one ad play on a screen, converting a single play into audience impressions.

  • In-App Advertising

    Ads served inside mobile or CTV apps, commonly as banners, interstitials, native units, or rewarded video.

  • In-App Bidding

    Real-time auctions where ad networks bid simultaneously for mobile app inventory, replacing the traditional mediation waterfall.

  • Insertion Order (IO)

    A signed contract between advertiser and publisher or vendor specifying the media to run, dates, quantities, pricing, and terms.

  • Interactive Advertising Bureau (IAB)

    The digital advertising trade association that develops industry standards, research, and policy for advertisers, publishers, and ad tech companies.

  • Interstitial Ad

    A full-screen ad that appears between content or app screens and can be closed by the user.

  • Inventory Avails

    Forecasted impressions available to sell for given targeting and dates, used to plan and price direct deals.

  • Line Item

    An ad server entry defining one part of a campaign, including its dates, budget, priority, targeting, and pricing.

  • Lookalike Audience

    A modeled audience of new people who resemble an advertiser's existing customers.

  • Loop (DOOH)

    The repeating sequence of ad spots on a digital out-of-home screen; buyers purchase spots or share of time within the loop.

  • Macro (Ad Tag Macro)

    A placeholder in an ad tag or URL, such as a timestamp or click URL, that the ad server replaces with a real value at serve time.

  • Made-for-Advertising (MFA) Sites

    Low-quality sites built mainly to arbitrage ad revenue rather than serve readers.

  • Makegood

    Free or compensatory ad delivery a publisher provides when a campaign under-delivers or runs incorrectly.

  • Malvertising

    Using ads to distribute malware or redirect users to scam sites, often via compromised creatives in programmatic channels.

  • Mobile Measurement Partner (MMP)

    A third-party platform, such as AppsFlyer, Adjust, or Branch, that attributes app installs and in-app events to the ads that drove them.

  • Native Advertising

    Paid ads that match the look and feel of the surrounding content.

  • Open Auction

    Programmatic inventory available to any qualified buyer through an exchange.

  • Open Bidding

    Google Ad Manager's server-side unified auction that lets third-party exchanges bid for publisher inventory alongside Google's demand.

  • Open Measurement SDK (OM SDK)

    An IAB Tech Lab software kit that gives third-party verification vendors a single, standard way to measure viewability and verification in apps and CTV.

  • Open Web

    Ad-supported websites and apps outside the major walled gardens, typically monetized through programmatic exchanges and SSPs.

  • OpenRTB

    The IAB Tech Lab protocol that standardizes communication between buyers and sellers in real-time bidding.

  • Out-of-Home (OOH)

    Advertising people encounter outside their homes, such as billboards, transit, and street furniture, in both static and digital forms.

  • Over-the-Top (OTT)

    Video content delivered over the internet, bypassing cable or satellite, on any device.

  • Pacing

    How evenly a campaign spends its budget or delivers impressions over its flight, compared with the planned schedule.

  • Post-Bid Blocking

    Preventing an ad from rendering after the impression was already won when verification flags the placement as unsafe or fraudulent.

  • Pre-Bid Targeting

    Applying verification filters for brand safety, fraud, or viewability before bidding so a buyer avoids unwanted impressions entirely.

  • Prebid

    The open-source framework most publishers use to run header bidding.

  • Preferred Deal

    A non-guaranteed programmatic deal where a buyer gets first look at inventory at a fixed price.

  • Principal-Based Buying (Principal Media)

    An agency model where the agency buys inventory for its own account and resells it to clients at a markup instead of buying as agent.

  • Private Marketplace (PMP)

    An invitation-only programmatic auction where select buyers access premium publisher inventory.

  • Programmatic Advertising

    The automated buying and selling of digital ad inventory using software and data rather than manual insertion orders.

  • Programmatic Direct

    Buying specific publisher inventory through automated pipes at a pre-negotiated price, covering programmatic guaranteed and preferred deals.

  • Programmatic DOOH (pDOOH)

    Buying digital out-of-home screen time through automated platforms, with triggers such as time, weather, or audience data.

  • Programmatic Guaranteed

    A programmatic deal with fixed price and guaranteed volume between one buyer and one seller.

  • Real-Time Bidding (RTB)

    An auction in which each ad impression is bought and sold in milliseconds as a page or app loads.

  • Remnant Inventory

    Ad space a publisher hasn't sold directly, typically filled programmatically or through networks at lower prices.

  • Retargeting

    Serving ads to people who previously visited a site or engaged with a brand.

  • Revenue Per Mille (RPM)

    Publisher revenue earned per thousand page views or impressions, used to gauge monetization performance.

  • Rewarded Video Ad

    An opt-in video ad users choose to watch in exchange for an in-app reward, such as extra lives or content access.

  • Rich Media

    Interactive ad formats that include video, audio, or other engaging elements.

  • Run of Site (ROS)

    An ad buy that runs anywhere across a single publisher's site rather than in specific sections, usually at a lower price.

  • SDK Spoofing

    Mobile fraud that fakes the signals of a real app's SDK to report installs or events that never happened.

  • Second-Price Auction

    An auction in which the winner pays just above the second-highest bid.

  • Sell-Through Rate

    The percentage of a publisher's available inventory that was actually sold over a given period.

  • Seller-Defined Audiences (SDA)

    An IAB Tech Lab spec letting publishers label bid requests with standardized audience segments from their first-party data without exposing user identity.

  • sellers.json

    A file SSPs publish disclosing the sellers they represent, improving supply transparency.

  • Server-to-Server (S2S) Header Bidding

    Header bidding where the auction runs on a server, such as Prebid Server, instead of in the user's browser, reducing page latency.

  • Sophisticated Invalid Traffic (SIVT)

    Harder-to-detect invalid traffic, such as advanced bots, hijacked devices, and spoofing, requiring advanced analytics to identify.

  • Supply Chain Object (schain)

    An OpenRTB field listing every company that handled a bid request, letting buyers verify each hop against sellers.json.

  • Supply Path Optimization (SPO)

    Buyers' practice of choosing the most efficient, transparent routes to the same inventory.

  • Supply-Side Platform (SSP)

    Software publishers use to sell their ad inventory to many buyers and maximize yield.

  • Take Rate

    The share of ad spend kept by an intermediary, such as a DSP, SSP, or exchange, as its fee.

  • Third-Party Ad Serving (3PAS)

    Serving and tracking ads through an advertiser-side ad server, such as Campaign Manager 360, separate from the publisher's ad server.

  • Trading Desk

    A team, often inside an agency, that manages programmatic buying.

  • Transparency and Consent Framework (TCF)

    IAB Europe's standard for passing users' GDPR consent choices from consent platforms to publishers and ad tech vendors.

  • Trustworthy Accountability Group (TAG)

    An industry initiative that certifies companies for fighting ad fraud, malware, and piracy and promoting supply-chain transparency.

  • Viewability

    Whether an ad had a real chance to be seen; MRC standard is 50% of pixels for one second (display).

  • Viewable CPM (vCPM)

    A pricing model or metric based on cost per thousand viewable impressions rather than all served impressions.

  • Walled Garden

    A closed advertising ecosystem, such as Google, Meta, or Amazon, that controls its own inventory, data, and measurement and limits outside access.

  • Waterfall (Daisy Chaining)

    A legacy method of offering inventory to demand sources one at a time in priority order.

  • Win Rate

    The percentage of bids a buyer submits that win their auctions; low win rates often signal bids too low or targeting too narrow.

  • Working Media

    The portion of an ad budget actually spent on buying media, as opposed to fees, tech, data, and production costs.

  • Yield Management

    The publisher practice of maximizing ad revenue through pricing, floors, demand partners, and inventory allocation.

Other categories