Claim
From Open Risk Manual
Definition
Claim. A demand or assertion made by one party on another, based on facts that, taken together, give rise to a legally enforceable right or judicial action
Claims arise from the existence of a formal commitment between the parties or as implicitly agreed upon through the operation of law or constitution.
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.
