Variable Debt Principal
From Open Risk Manual
Definition
Variable Debt Principal. Principal that is defined in relation to some variable and so varies over time, as principal
Not the same as principal paydown. This is when the principal itself varies over time, usually as a result of being defined in relation to some index such as an Inflation Index. Forms the debt principal in instruments such as inflation bonds.
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 "Variable Debt Principal"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/Bonds/index-en.html + |
