# AI glossary.

URL: https://levystreet.com/glossary/
Updated: 2026-10-19

Plain-English definitions of the AI terms New Zealand businesses meet: LLMs, agents, RAG, MCP, evaluation, prompt injection, the Privacy Act's IPPs and more.

## Short answer

This glossary defines the AI terms New Zealand organisations most often meet, in plain English: how language models work (tokens, context windows, hallucinations), how AI systems are built (agents, tool calling, MCP, retrieval-augmented generation), how they are tested (evaluations, benchmarks, calibration), and the governance and privacy terms that apply in New Zealand, including the Privacy Act 2020's information privacy principles.




Published by Levy Street (https://levystreet.com), Wellington, New Zealand.