Client

From Open Risk Manual

Definition

Client. A party that purchases professional services from, or has a formal relationship to purchase services from another party. A customer of a finance provider. In the context of the latter usage, the word client is used for the client of a finance provider. It is also used extensively to describe the user of a service offered by a professional, or generally as a synonym for customer. Legally, it is the contracting authority of the contract.

NB: In some cases, the word client indicates the access device in an IT Platform.

See Also

  • Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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