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Agreements Ontology

Metadata

URI
https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Version URI
https://spec.edmcouncil.org/fibo/ontology/master/latest/FND/Agreements/Agreements/
Imports
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

agreementc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/Agreement
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

a negotiated understanding between two or more parties, reflecting the offer and acceptance of commitments on the part of either party

Restrictions fibo-fnd-pty-pty:hasPartyInRole min 2 fibo-fnd-pty-pty:PartyInRolec
fibo-fnd-rel-rel:confers some commitmentc
Sub-classes mutual agreementc

beneficiaryc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/Beneficiary
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

a party that receives some benefit or advantage or profits from something

Super-classes fibo-fnd-pty-pty:PartyInRolec
Restrictions fibo-fnd-pty-rl:isPlayedBy some ()

commitmentc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/Commitment
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

A legal construct which represents the undertaking on the part of some party to act or refrain from acting in some manner.

Sub-classes mutual commitmentc
unilateral commitmentc

commitment at largec # Classes

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/CommitmentAtLarge
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

a commitment made by some party without direct involvement from the potential beneficiaries of that commitment

Scope Notes

Forms the basis for negotiable securities including transferable contracts and potentially other types of agreement such as software licenses.

Super-classes unilateral commitmentc

individual unilateral commitmentc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/IndividualUnilateralCommitment
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

a commitment made by some party unilaterally to another specific party

Super-classes unilateral commitmentc

mutual agreementc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/MutualAgreement
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

an agreement between two or more specific named parties. The rights and obligations pertaining to either party cannot be transferred to another party without prior agreement

Scope Notes

This may or may not be a contractual agreement - it also forms the basis of REA transaction models which may or may not refer to contractual agreements, since REA is also used to frame transactions internal to an individual organization.

Super-classes agreementc
Restrictions fibo-fnd-rel-rel:confers some mutual commitmentc

mutual commitmentc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/MutualCommitment
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

A commitment between two or more parties

Super-classes commitmentc

obligeec # Classes

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/Obligee
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

a party to whom some commitment or obligation is owed, either legally or per the terms of an agreement

Super-classes fibo-fnd-pty-pty:PartyInRolec
Restrictions fibo-fnd-pty-rl:isPlayedBy some ()

obligorc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/Obligor
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

a party that is bound legally or by agreement to repay a debt, make a payment, do something, or refrain from doing something

Super-classes fibo-fnd-pty-pty:PartyInRolec
Restrictions has obligationop some commitmentc
fibo-fnd-pty-rl:isPlayedBy some ()
In domain of has obligationop
In range of is obligation ofop

unilateral commitmentc # Classes

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/UnilateralCommitment
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

A commitment made by one party without reference to the party to which the commitment is made.

Super-classes commitmentc
Sub-classes individual unilateral commitmentc
commitment at largec

Object Properties

has obligationop # OPs

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/hasObligation
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

identifies a duty or obligation that a given party has taken on

Super-properties lcc-lr:has
Inverse properties is obligation ofop
Domain(s) obligorc

is obligation ofop # OPs

URI https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/isObligationOf
Is Defined By https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
Description

identifies a party that has a given obligation

Range(s) fibo-fnd-agr-agr:Obligorc

Namespaces

default (:)
https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Agreements/
dct
http://purl.org/dc/terms/
fibo-fnd-pty-pty
https://spec.edmcouncil.org/fibo/ontology/FND/Parties/Parties/
fibo-fnd-pty-rl
https://spec.edmcouncil.org/fibo/ontology/FND/Parties/Roles/
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/
lcc-lr
https://www.omg.org/spec/LCC/Languages/LanguageRepresentation/
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