Pāramitā or pāramī is a Buddhist term often translated as "perfection". It is described in Buddhist commentaries as a noble character quality generally associated with enlightened beings. Pāramī and pāramitā are both terms in Pali but Pali literature makes greater reference to pāramī, while Mahayana texts generally use the Sanskrit pāramitā.

Prajñā or paññā is a Buddhist term often translated as "wisdom", "intelligence", or "understanding". It is described in Buddhist texts as the understanding of the true nature of phenomena. In the context of Buddhist meditation, it is the ability to understand the three characteristics of all things: anicca ("impermanence"), dukkha, and anattā ("non-self"). Mahāyāna texts describe it as the understanding of śūnyatā ("emptiness"). It is part of the Threefold Training in Buddhism, and is one of the ten pāramīs of Theravāda Buddhism and one of the six Mahāyāna pāramitās.