Loan Payment

From Open Risk Manual

Definition

Loan Payment. Add in here the terms on payment history related terms which are in the "Loan Contract" set.


Issues and Challenges

The above terms all seemed to relate to pre-payment not payment. Do we also need a set of history terms about payment per se? If not, delete this class as prepayment history already modeled.

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.