Value

From Open Risk Manual

Definition

Value has multiple meanings. In the current context:

  • An immutable piece of information without a specific lifetime or identity independent of the properties that have such a value as their subject.
  • A measure of the economic benefit that may be gained from goods or service (Economic Value)

Context

Subtypes of Value are intended to include semantic, business relevant types that are not independent, mediating or relative things.

Value is not intended to be used directly (a concept known as "abstract" in other languages such as UML), but is intended to have subclasses that are used in domain models.

See Also

  • ISO11404 The identification of members of a datatype family, subtypes of a datatype, and the resulting datatypes of datatype generators may require the syntactic designation of specific values of a datatype.


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.

Facts about "Value"
IsDefinedBy
URI of an entity that is defined via an imported vocabulary.
https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/Values/index-en.html +