FOLIO Ontology

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Perpetual Asset

IRI:
https://folio.openlegalstandard.org/RCU0BYJMl0DPrYYohwA8Uto
Preferred Label N/A
Alternative Labels
Indefinite Duration Asset No Maturity Asset Perpetual Instrument Perpetual Security

Definition

A Perpetual Asset is a financial instrument that does not have a fixed maturity date, allowing it to exist indefinitely without a predetermined end. This attribute is common in certain types of equity and debt instruments, providing ongoing returns or obligations.

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