Open Ontologies

ONTOLOGY EXPLORER

is assignable

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<https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/isAssignable>

プロパティと値

プロパティ値
typeDatatypeProperty
domainContract
label"is assignable"
rangeboolean
definition"indicates whether the contract and the rights thereunder may be assigned by one of the signatories to some other party"
editorialNote"This is believed to be the basis on which transferable contracts such as financial securities and software licences may be bought and sold on some market, and also the basis on which a bilateral contract such as an over the counter derivative may be novated so that a new party becomes one of the parties. There are subtle distinctions between these three concepts which are not yet represented here."
explanatoryNote"An assignment (Latin cessio) is a term used with similar meanings in the law of contracts and in the law of real estate. In both instances, it encompasses the transfer of rights held by one party, the assignor, to another party, the assignee. The details of the assignment determines some additional rights and liabilities (or duties). Typically a third-party is involved in a contract with the assignor, and the contract is in effect transferred to the assignee."

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