ITAD glossary.

The process of retiring IT equipment securely and responsibly: collection, data destruction, audit, resale of equipment with remaining value and recycling of the rest, with documentation at each step.

A program where a vendor pays an organization for retired devices that still have resale value. Payment can be an upfront purchase, a fair market value payout after resale, or a revenue share.

NIST Special Publication 800-88, Guidelines for Media Sanitization, is the US standard most organizations use to define how data must be removed from storage media before reuse or disposal. It describes clear, purge and destroy methods.

Version 3 of the Responsible Recycling (R2) standard from SERI, an independently audited certification for electronics recyclers and ITAD companies covering data security, environmental and worker safety practices. K12 Computers is R2v3 certified and listed in SERI's R2 directory.

A record proving that data on a device was erased or destroyed. The strongest certificates are issued per device and tied to its serial number, rather than one letter for a whole shipment.

The documented record of who held each asset from the moment it leaves an organization until its final disposition. In ITAD, it is usually built from receiving reports, serialized audits and shipment records.

An inventory of retired equipment that records each device by serial number, along with its model, condition grade and data destruction result.

A buyback payout model where the organization receives an agreed share of the net revenue from reselling its devices. It usually takes longer than an upfront purchase but can return more. K12's revenue-share buyback is available through TIPS contract 250802.

The date after which a Chromebook model stops receiving automatic ChromeOS updates from Google. Resale value usually falls as a model approaches its AUE date.

Removing a Chromebook from an organization's Google Admin console so it is no longer enrolled. Deprovisioned devices can be enrolled by a new owner, which protects resale value.

An Apple security feature that ties an iPhone, iPad or Mac to an Apple ID. A locked device cannot be set up by a new owner, so it usually has far lower resale value until the lock is removed.

Apple's portal for schools to manage devices and accounts. Devices should be released from Apple School Manager (or Apple Business Manager) before they are sold so a new owner can set them up.

Reselling retired IT equipment after it has been erased, tested and graded, through channels such as wholesale buyers, resellers and refurbished marketplaces.

A contract competitively procured by a purchasing cooperative that eligible public entities can use without running their own bid. K12 Computers holds TIPS contracts 250802 and 250801 and Choice Partners contract 25/048MF-03.

Replacing an organization's fleet of devices with a new generation. The retirement side involves collecting, erasing and disposing of the old fleet, ideally recovering value to offset the new one.

Equipment returned to a lessor at the end of a lease. Lease returns are typically audited, graded, erased and remarketed, with each asset reconciled to the lease schedule.