Difference between revisions of "Failure To Pay Principal"
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== Definition == | == Definition == | ||
'''Failure To Pay Principal'''. The failure by the [[Reference Entity]] to pay an expected principal amount or the payment of an actual principal amount that is less than the expected principal amount. A [[Credit Event]]. | '''Failure To Pay Principal'''. The failure by the [[Reference Entity]] to pay an expected principal amount or the payment of an actual principal amount that is less than the expected principal amount. A [[Credit Event]]. | ||
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== Disclaimer == | == Disclaimer == | ||
Latest revision as of 11:08, 31 March 2021
Definition
Failure To Pay Principal. The failure by the Reference Entity to pay an expected principal amount or the payment of an actual principal amount that is less than the expected principal amount. A Credit Event.
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.
