Loan Interest Payment Commitment
From Open Risk Manual
Definition
Loan Interest Payment Commitment. A commitment by the borrower of a loan to pay interest on that loan or on amounts of that loan.
This is established by a Loan Contract, and described in Loan Interest Payment Terms of that 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.
Facts about "Loan Interest Payment Commitment"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/LOAN/Loans/LoanBasicTerms/index-en.html + |
