It is actually a good question - I thought I was clear on this but am realising I can’t define it and therefore not 100% sure
I am clear about Admin vs non-admin
… but are there any practical differences between Moderator and TL4?
If you want to grant extra rights to members of your community without giving them access to the settings and the member data of the site, should you make them a Moderator, or upgrade them to TL4 instead?