====== FX Contract State ======

[[dido:99_annexes:annex-b-terms-and-definitions:start|Go up to Terms and Definitions]]

===== Discussion =====

FX Contract State represents the logical lifecycle condition of an FX [[dido:99_annexes:annex-b-terms-and-definitions:c:contract|Contract]] or [[dido:99_annexes:annex-b-terms-and-definitions:t:transaction|Transaction]] as determined by the FX Demo logical profile.

FX Contract State identifies the applicable state, state-transition context, prior state where applicable, triggering information, rule context, producing FX logical [[dido:99_annexes:annex-b-terms-and-definitions:f:financial_node|Node]], timestamp, and provenance reference.

FX Contract State participates primarily in the FX Logical [[dido:99_annexes:annex-b-terms-and-definitions:d:data_plane|Data Plane]]. It also supports the FX Logical [[dido:99_annexes:annex-b-terms-and-definitions:a:audit_and_provenance_plane|Audit and Provenance Plane]] because state transitions require lineage, reviewability, replay support, and [[dido:99_annexes:annex-b-terms-and-definitions:e:evidence|evidence]] expectations.

===== Definition =====

//lifecycle condition of an FX [[dido:99_annexes:annex-b-terms-and-definitions:c:contract|Contract]] or [[dido:99_annexes:annex-b-terms-and-definitions:t:transaction|Transaction]]//

===== Source =====

Specialization of Logical Record from [[fxdemo:02-part:start]], Section 8.9, Logical Information Lineage from [[fxdemo:02-part:start]], Section 8.10, and [[dido:99_annexes:annex-b-terms-and-definitions:t:traceability|Traceability]] from [[fxdemo:01-part:start]], Section 7.10; generalised from the FX contract lifecycle and state material in the original FX Demo [[dido:99_annexes:annex-b-terms-and-definitions:r:reference_architecture|Reference Architecture]].

===== Note =====

FX Contract State is not a database status field, workflow state, implementation enum, state-machine implementation, event-store record, or persistence mechanism.

===== Example =====

FX Contract State records that a validated and semantically interpreted FX transaction has entered an accepted logical contract state.