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Knowledge Base

AI Governance Glossary

Authoritative definitions for AI governance, explainability, model observability, fairness, and compliance — the language of enterprise AI risk management.

8 terms defined6 categoriesUpdated May 2026
AI Governance
The frameworks, policies, and controls that ensure AI systems are safe, fair, transparent, and accountable.
Governance
Full definition
Bring Your Own Cloud (BYOC)
A deployment model where the customer's own cloud infrastructure hosts the vendor's software, ensuring data and PII never leave the customer's private environment.
Security
Full definition
Disparate Impact
A legal and statistical concept measuring whether an AI system disproportionately harms a protected group, even without discriminatory intent.
Fairness & RAI
Full definition
Explainable AI (XAI)
AI methods and techniques that make the outputs of AI systems understandable to humans — including why a specific decision was made.
XAI
Full definition
Model Drift
The degradation of a model's predictive performance over time as real-world data distributions shift away from training data.
Observability
Full definition
Population Stability Index (PSI)
A statistical measure quantifying how much the distribution of a model's input scores has shifted between two time periods.
Observability
Full definition
RBI FREE-AI
The Reserve Bank of India's framework for Fairness, Reliability, Explainability, and Ethics in AI — governing AI use by banks and NBFCs in India.
Compliance
Full definition
Silent Logic Decay
The gradual, undetected degradation of an AI model's decision logic as market conditions shift — without triggering traditional accuracy-based alerts.
Observability
Full definition