Determination Event

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Definition

Determination Event. An Event in which some amount or other parameter is determined, independently of any other event in which that which was determined is put into use. For example, the event by which interest is determined, as distinct from the event by which interest is paid on a different date or time.


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.