Contingent Transaction Commitment

From Open Risk Manual

Definition

Contingent Transaction Commitment. A commitment which is agreed in advance but which only comes into force on the occurrence of some pre-agreed event.


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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