Loan Third Party
Definition
Loan Third Party. A party which, by virtue of being a third party to the Loan Contract, performs some role directly in relation to the Loan.
These can be thought of as third parties to the Loan Contract or to the Loan itself, i.e. the money advanced by the lender to the borrower. These are all modeled as parties to the loan directly, but by virtue of their being third parties to the loan contract, that is, the Loan third Party itself are identified as contract 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.
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/LOAN/Loans/LoansParties/index-en.html + |
