FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RL7IXFcChVOHHB88Tedz3a
Label Amortized Asset
Preferred Label Amortizing Financial Instrument
Identifier N/A
Alternative Labels
Amortization Loan Amortizing Asset Installment Payment Asset

Definition

An Amortized Asset is a financial instrument where the principal amount is gradually reduced through regular payments over the life of the asset. These payments typically include both interest and principal, leading to a decrease in the outstanding balance until the loan is fully repaid by the maturity date.

Class Relationships

Sub Class Of

Is Defined By

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See Also

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Parent Class Of 0

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Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

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

No source or origin information available