Transaction Undertaking
From Open Risk Manual
Definition
Transaction Undertaking. A contractually defined and established commitment to deliver some goods, perform some service or make some payment in cash or in kind.
Issues and Challenges
From REA ontology.
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.
