Contractually Defined Benefit

From Open Risk Manual

Definition

Contractually Defined Benefit. Some benefit from one party to the other party, defined in contractual terms.

This could for example be a contractual promise of future cash flows such as dividends on a specific instrument.

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.