Difference between revisions of "Consumer"
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== Definition == | == Definition == | ||
| − | '''Consumer'''. A party that utilizes economic goods or services | + | '''Consumer'''. A party that utilizes economic goods or services. In the context of [[Credit Provision]] it means a natural person who, in credit agreements is acting for purposes which are outside his trade, business or profession; |
The general notion of a consumer includes an end user, and is not limited to a purchaser, in the distribution chain of a good or service | The general notion of a consumer includes an end user, and is not limited to a purchaser, in the distribution chain of a good or service | ||
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[[Category:Products And Services]] | [[Category:Products And Services]] | ||
| + | [[Category:NPL Directive]] | ||
{{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/FND/ProductsAndServices/ProductsAndServices/index-en.html }} | {{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/FND/ProductsAndServices/ProductsAndServices/index-en.html }} | ||
__SHOWFACTBOX__ | __SHOWFACTBOX__ | ||
Revision as of 20:30, 7 February 2022
Definition
Consumer. A party that utilizes economic goods or services. In the context of Credit Provision it means a natural person who, in credit agreements is acting for purposes which are outside his trade, business or profession;
The general notion of a consumer includes an end user, and is not limited to a purchaser, in the distribution chain of a good or service
See Also
- http://www.businessdictionary.com/definition/consumer.html
- https://www.merriam-webster.com/dictionary/consumes
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.
