Scheduled Payment

From Open Risk Manual

Definition

Scheduled Payment. A scheduled payment occurrence that is part of a Payment Schedule covering the term of a Loan or other financial product.


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.