Loan Principal Repayment Commitment

From Open Risk Manual

Definition

Loan Principal Repayment Commitment. A commitment by a borrower to repay the principal on a loan under the terms described.

This is established by a Loan Contract, and described in the Loan Principal Repayment 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.

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