Loan Party

From Open Risk Manual

Definition

Loan Party. A Party to the Loan.


Issues and Challenges

This covers the principals to the Loan contract (Loan Borrower and Loan Lender) as well as third parties, including Loan Originator. Transformation notes: In the PoC SDM the sub-classes of Loan Third Party will not be articulated as separate parties but defined via a selection list under "Loan Party" or "Loan Third Party".

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 Party"
IsDefinedBy
URI of an entity that is defined via an imported vocabulary.
https://spec.edmcouncil.org/fibo/ontology/LOAN/Loans/LoanBasicTerms/index-en.html +