Federated Sovereignty

From Open Risk Manual

Definition

Federated Sovereignty. A political entity characterized by a union of partially self-governing states or regions under a central (federal) government

Federal entity in the sense of a legal entity, that is, what it is that incurs debt for a federal government, i.e. the Federal entity in the sense of the legal entity, as distinct from the Federal government. It is identified as a legal entity because it is able to incur debt in its own right.

See Also


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.