Loan Retained Amount

From Open Risk Manual

Definition

Loan Retained Amount. Retained amount, an amount the Issuer will be obliged to fund to the borrower at a later date, for example construction deposit.


Issues and Challenges

This is a monetary amount by descent from the Monetary Amount term in the taxonomy of kinds of amount. Hence it does not have a monetary amount attribute because it is one.

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.