Glossary
AI terms for business decisions.
AI Agent
A system that can interpret a goal, use tools and take bounded actions with controls.
Agentic AI
AI systems designed around goal-directed actions, tool use and feedback loops.
LLM
A large language model that predicts and generates text or other content from context.
RAG
Retrieval-augmented generation, where a model answers using retrieved business documents.
MCP
Model Context Protocol, a standard pattern for connecting AI systems to tools and context.
Guardrail
A control that limits, checks or routes AI behaviour.
Human-in-the-loop
A process where people review or approve AI output before important actions.