Financial Obligations - FOLIO Ontology

Identification

IRI:

https://folio.openlegalstandard.org/R9ce0e5pb4hAULGEtqlBCV8

Label Financial Obligations

Preferred Label Financial Liabilities

Identifier N/A

Alternative Labels

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Definition

Financial Obligations (Financial Liabilities) refer to any monetary commitments or liabilities an individual or entity is responsible for, such as paying off debts, fulfilling contract terms, or covering recurring expenses. These obligations can be short-term or long-term and failing to meet them could result in financial penalties or legal consequences

Class Relationships

Sub Class Of

• Financial Concepts and Metrics

Is Defined By

N/A

Class Hierarchy Visualization

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

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