Functional Business Entity
Definition
Functional Business Entity. A business entity defined in terms of its function
The key distinguishing feature of a functional business entity is that it may itself be constituted as some kind of business or legal entity, but the definition of this entity does not depend on it always having one specific legal structure (for example, always being a limited company). This would define for example a bank, a special purpose vehicle, most government bodies and so on.
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.
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/BE/FunctionalEntities/FunctionalEntities/index-en.html + |
