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Legal Persons Ontology

Metadata

URI
https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Version URI
https://spec.edmcouncil.org/fibo/ontology/master/latest/BE/LegalEntities/LegalPersons/
Imports
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/AgentsAndPeople/People/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/Agreements/Agreements/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/Agreements/Contracts/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/DatesAndTimes/BusinessDates/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/DatesAndTimes/FinancialDates/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/GoalsAndObjectives/Objectives/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/Law/Jurisdiction/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/Law/LegalCapacity/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/Organizations/FormalOrganizations/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/Parties/Parties/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/Parties/Roles/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/Relations/Relations/
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/Utilities/AnnotationVocabulary/
License
http://opensource.org/licenses/MIT
Ontology RDF
RDF (turtle)

Table of Contents

  1. Classes
  2. Object Properties
  3. Namespaces
  4. Legend

Overview

Pictures say 1,000 words
Figure 1: Ontology overview

Classes

business entityc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/BusinessEntity
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

entity that is formed and administered as per commercial law in order to engage in business activities

Super-classes fibo-fnd-org-fm:FormalOrganizationc
Restrictions fibo-fnd-gao-obj:hasObjective some fibo-fnd-gao-obj:BusinessObjectivec
fibo-fnd-rel-rel:holds min 0 fibo-fnd-law-lcap:Licensec

business licensec # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/BusinessLicense
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

license that allows the holder to conduct business or carry out a specific profession within some jurisdiction for some period of time

Super-classes fibo-fnd-law-lcap:Licensec
Restrictions is recognized inop some fibo-fnd-law-jur:Jurisdictionc
fibo-fnd-rel-rel:appliesTo exactly 1 business entityc

chartered legal personc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/CharteredLegalPerson
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

a legal person created by a royal charter or decree

Example(s)
Anything with 'Royal Institute' in the name. Also universities are generally set up by royal charter in a monarchy or principality, (often pre-dating any Privy Council i.e. directly be the monarch in the case of older universities). The Bank of England and the British Broadcasting Council (BBC) are also incorporated through Royal Charter.

Super-classes legal entityc

legal entityc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/LegalEntity
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

legal person that is a partnership, corporation, or other organization having the capacity to negotiate contracts, assume financial obligations, and pay off debts, organized under the laws of some jurisdiction

Scope Notes

The term 'legal entities' includes, but is not limited to, unique parties that are legally or financially responsible for the performance of financial transactions or have the legal right in their jurisdiction to enter independently into legal contracts, regardless of whether they are incorporated or constituted in some other way (e.g. trust, partnership, contractual). It excludes natural persons, but includes governmental organizations and supranationals.

Example(s)
Examples of eligible legal entities include, without limitation:
-   all financial intermediaries;
-   banks and finance companies;
-   all entities that issue equity, debt or other securities for other capital structures;
-   all entities listed on an exchange;
-   all entities that trade stock or debt, investment vehicles, including mutual funds, pension funds and alternative investment vehicles constituted as corporate entities or collective investment agreements (including umbrella funds as well as funds under an umbrella structure, hedge funds, private equity funds, etc.);
-   all entities under the purview of a financial regulator and their affiliates, subsidiaries and holding companies;
-   counterparties to financial transactions.

Super-classes fibo-fnd-org-fm:FormalOrganizationc
legal personc
Restrictions is organized inop exactly 1 fibo-fnd-law-jur:Jurisdictionc
Sub-classes statutory bodyc
chartered legal personc
In domain of is organized inop

legal personc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/LegalPerson
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

autonomous agent that is recognized as having rights and obligations under the law, including but not limited to the right to sue and be sued, enter into contracts, own property, and incur financial and other obligations

Super-classes fibo-fnd-pty-pty:IndependentPartyc
Restrictions fibo-fnd-law-lcap:hasCapacity some fibo-fnd-law-lcap:LiabilityCapacityc
is recognized inop some fibo-fnd-law-jur:Jurisdictionc
Sub-classes legally competent natural personc
legal entityc

legally competent natural personc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/LegallyCompetentNaturalPerson
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

person who is considered competent, under the circumstances, to enter into a contract, conduct business, or participate in other activities that generally require the mental ability to understand problems and make decisions on his or her own behalf

Super-classes fibo-fnd-aap-ppl:Personc
legal personc

not for profit objectivec # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/NotForProfitObjective
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

objective that reflects the charitable, educational, religious, humanitarian, public services, or other not for profit goals of an organization

Super-classes fibo-fnd-gao-obj:Objectivec
Sub-classes religious objectivec

power of attorneyc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/PowerOfAttorney
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

legal authorization given by one party (the principal) to another (the agent or attorney-in-fact) to perform certain acts on the principal's behalf

Super-classes fibo-fnd-law-lcap:LegalCapacityc
Restrictions fibo-fnd-rel-rel:isConferredOn some legally competent natural personc
fibo-fnd-agr-ctr:hasEffectiveDate min 0 fibo-fnd-dt-fd:Datec

profit objectivec # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/ProfitObjective
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

objective that reflects pursuit of a financial benefit that may be realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain that activity

Super-classes fibo-fnd-gao-obj:BusinessObjectivec

public purposec # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/PublicPurpose
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

objective that reflects values generally thought to be shared by and that is intended to benefit the populace as a whole

Super-classes fibo-fnd-gao-obj:Objectivec

religious objectivec # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/ReligiousObjective
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

not-for-profit objective that reflects the religious goals of an organization

Super-classes not for profit objectivec

statutory bodyc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/StatutoryBody
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

legal entity established by a government to consider evidence and make judgements in some field of activity

Super-classes legal entityc

ContractPartyc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/ContractParty
Restrictions fibo-fnd-rel-rel:hasIdentity exactly 1 legal personc

Object Properties

is organized inop # OPs

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/isOrganizedIn
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

indicates the juridiction whose laws a legal entity is organized under

Super-properties is recognized inop
Domain(s) legal entityc
Range(s) fibo-fnd-law-jur:Jurisdictionc

is recognized inop # OPs

URI https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/isRecognizedIn
Is Defined By https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
Description

indicates the jurisdiction in which a legal person is considered competent to enter into a contract, conduct business, or participate in other activities, or in which an agreement may be acknowledged and possibly enforceable

Domain(s) (legal personc or fibo-fnd-agr-agr:Agreementc)
Range(s) fibo-fnd-law-jur:Jurisdictionc

Namespaces

default (:)
https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/
dct
http://purl.org/dc/terms/
fibo-fnd-aap-ppl
https://spec.edmcouncil.org/fibo/ontology/FND/AgentsAndPeople/People/
fibo-fnd-agr-agr
https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
fibo-fnd-agr-ctr
https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/
fibo-fnd-dt-fd
https://spec.edmcouncil.org/fibo/ontology/FND/DatesAndTimes/FinancialDates/
fibo-fnd-gao-obj
https://spec.edmcouncil.org/fibo/ontology/FND/GoalsAndObjectives/Objectives/
fibo-fnd-law-jur
https://spec.edmcouncil.org/fibo/ontology/FND/Law/Jurisdiction/
fibo-fnd-law-lcap
https://spec.edmcouncil.org/fibo/ontology/FND/Law/LegalCapacity/
fibo-fnd-org-fm
https://spec.edmcouncil.org/fibo/ontology/FND/Organizations/FormalOrganizations/
fibo-fnd-pty-pty
https://spec.edmcouncil.org/fibo/ontology/FND/Parties/Parties/
fibo-fnd-rel-rel
https://spec.edmcouncil.org/fibo/ontology/FND/Relations/Relations/
fibo-fnd-utl-av
https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/AnnotationVocabulary/
owl
http://www.w3.org/2002/07/owl#
prov
http://www.w3.org/ns/prov#
rdf
http://www.w3.org/1999/02/22-rdf-syntax-ns#
rdfs
http://www.w3.org/2000/01/rdf-schema#
sdo
https://schema.org/
skos
http://www.w3.org/2004/02/skos/core#
sm
http://www.omg.org/techprocess/ab/SpecificationMetadata/
xsd
http://www.w3.org/2001/XMLSchema#

Legend

cClasses
opObject Properties
fpFunctional Properties
dpData Properties
dpAnnotation Properties
pProperties
niNamed Individuals