> For the complete documentation index, see [llms.txt](https://docs.term.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.term.finance/terminal-1-execution.md).

# Terminal 1 (Execution)

- [Overview](https://docs.term.finance/terminal-1-execution/overview.md): Terminal 1 is the execution layer for managing fixed-term positions.
- [Concepts](https://docs.term.finance/terminal-1-execution/concepts.md): Core execution concepts used by Terminal 1.
- [Routes & atomic execution](https://docs.term.finance/terminal-1-execution/concepts/routes-and-atomic-execution.md): How Terminal 1 bundles dependent actions into a single execution path.
- [Permits, approvals & spending caps](https://docs.term.finance/terminal-1-execution/concepts/permits-approvals-and-spending-caps.md): How Terminal 1 handles token authorization.
- [Fees, slippage & buffers](https://docs.term.finance/terminal-1-execution/concepts/fees-slippage-and-buffers.md): Economic and market constraints that shape route construction and execution.
- [Workflows](https://docs.term.finance/terminal-1-execution/workflows.md): Position management workflows supported by Terminal 1.
- [Intents (Limit Orders)](https://docs.term.finance/terminal-1-execution/workflows/intents-limit-orders.md): Limit orders scoped to a Term Repo market, with flexible funding sources and route-based settlement.
- [Makers (creating intents)](https://docs.term.finance/terminal-1-execution/workflows/intents-limit-orders/makers-creating-intents.md): Create and manage intents by selecting a market, setting constraints, and ensuring funding and authorizations remain valid.
- [Takers (filling intents)](https://docs.term.finance/terminal-1-execution/workflows/intents-limit-orders/takers-filling-intents.md): Evaluate and fill existing intents, with execution‑time validity checks and common failure modes.
- [Refinance](https://docs.term.finance/terminal-1-execution/workflows/refinance.md): Replace an existing obligation by repaying the current leg and opening a new position through a single routed execution flow.
- [Repay / Loop-out](https://docs.term.finance/terminal-1-execution/workflows/repay-loop-out.md): Repay debt and exit linked exposure through a single route.
- [One-click rollover](https://docs.term.finance/terminal-1-execution/workflows/one-click-rollover.md): Extend a compatible position into a new term through Terminal 1.
- [Looping](https://docs.term.finance/terminal-1-execution/workflows/looping.md): Increase or restructure exposure by repeating borrow and asset conversion steps.
- [Deploy a new market (Factory)](https://docs.term.finance/terminal-1-execution/workflows/deploy-a-new-market-factory.md)
- [Risks & Failure Modes](https://docs.term.finance/terminal-1-execution/risks-and-failure-modes.md): Common execution failures and user-facing risk disclosures.
- [Common errors](https://docs.term.finance/terminal-1-execution/risks-and-failure-modes/common-errors.md): Common execution failures users may encounter in Terminal 1.
- [Disclosures](https://docs.term.finance/terminal-1-execution/risks-and-failure-modes/disclosures.md): Execution-specific disclosures for Terminal 1.
- [Integrations](https://docs.term.finance/terminal-1-execution/integrations.md): How Terminal 1 uses external venues and routing sources.
- [Aave](https://docs.term.finance/terminal-1-execution/integrations/aave.md): How Terminal 1 can interact with Aave in supported routes.
- [Morpho](https://docs.term.finance/terminal-1-execution/integrations/morpho.md): How Terminal 1 can interact with Morpho in supported routes.
- [ERC4626](https://docs.term.finance/terminal-1-execution/integrations/erc4626.md)
- [Aggregators](https://docs.term.finance/terminal-1-execution/integrations/aggregators.md): How Terminal 1 uses routing and swap aggregators in supported flows.