# Payment Event

**IRI:** https://folio.openlegalstandard.org/R9sdPQV8kCK3BNF8jcPV5cD

## Labels

## Definition

A Payment Event refers to the specific occurrence when a payment is executed. This has legal implications for accounting and financial planning, as it impacts cash flow and may have implications for interest calculations, late fees, or contractual obligations.

## Sub Class Of

- https://folio.openlegalstandard.org/R73hoH1RXYjBTYiGfolpsAF
- https://folio.openlegalstandard.org/RBI5p2rdv7JzHTtGyObrIcl

## Parent Class Of

- https://folio.openlegalstandard.org/R7IurUy8ro7uBQ6cHRDnRP8
- https://folio.openlegalstandard.org/R8NbbZM7ESWmrKMGuKGoGJx
- https://folio.openlegalstandard.org/R8ZlXt0J1JMbXm6T0xEg2SO
- https://folio.openlegalstandard.org/R9mf4jHGk1EcEkyTBhfv6Zw
- https://folio.openlegalstandard.org/RCezn96rpy4oRcZgzT9ULlh
- https://folio.openlegalstandard.org/RCqCSXkXFjhbokGf5IHmJ6a
- https://folio.openlegalstandard.org/RWNHtgqXOWSnS2m1dFK5L0
- https://folio.openlegalstandard.org/RaQIRktfYrGWDS7HAq0N6f

**Deprecated:** False