Entity Credit Event

From Open Risk Manual

Definition

Entity Credit Event. Some Credit Event which is defined with reference to the Reference Entity.

The Reference Entity is some business entity, i.e. the company or other entity to which the Credit Event relates. Some CDS terms define some terms in relation to the entity, and some with reference to a specific debt obligation, called the Reference Obligation. Scope Note: There are open questions about events which relate to some debt obligation which is not the Reference Obligation of a specific CDS contract.

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.