Token

A Token is a symbolic representation or physical object that signifies something else, such as authority, proof of identity, a value, or a right. It can be a tangible item like a coin, ticket, or badge, or an intangible data representation used in computing. Tokens are used to grant access, represent ownership, or facilitate transactions within a defined system. Their value or meaning is derived from the context in which they are used, making them distinct from their physical form. Crucially, a token's primary purpose is to represent something beyond itself and to enable a specific function within a given framework.

Token meaning with examples

• The casino uses chips as tokens representing monetary value, allowing players to easily wager and track their winnings without handling large amounts of cash at the gaming tables.
• For building access, employees were issued security tokens that, when scanned, granted them entry to authorized areas of the building during scheduled work hours.
• As a Token of appreciation, the company gave each employee a gift card to a local restaurant during the holiday season, recognizing their hard work and dedication.
• In computer authentication, a JSON Web Token (JWT) serves as a compact, self-contained way to securely transmit information as a JSON object between parties to prove identity.