| Both sides previous revision Previous revision Next revision | Previous revision |
| dido:99_annexes:annex-b-terms-and-definitions:o:obligation [2026/07/11 11:15] – ↷ Links adapted because of a move operation nick_dido | dido:99_annexes:annex-b-terms-and-definitions:o:obligation [2026/08/04 07:09] (current) – ↷ Links adapted because of a move operation nick_dido |
|---|
| ===== Discussion ===== | ===== Discussion ===== |
| |
| An Obligation represents a recognised duty, requirement, or commitment assigned to a party, participant, [[dido:99_annexes:annex-b-terms-and-definitions:n:node|Node]], service provider, governed process, or governed function. | An Obligation represents a recognised duty, requirement, or commitment assigned to a party, participant, [[dido:99_annexes:annex-b-terms-and-definitions:f:financial_node|Node]], service provider, governed process, or governed function. |
| |
| In a [[dido:99_annexes:annex-b-terms-and-definitions:f:financial_system|Financial System]], an Obligation provides the basis for settlement expectations, policy enforcement, evidence production, service performance, qualification, governance review, and accountability. | In a [[dido:99_annexes:annex-b-terms-and-definitions:f:financial_system|Financial System]], an Obligation provides the basis for settlement expectations, policy enforcement, evidence production, service performance, qualification, governance review, and accountability. |
| |
| The FX Demo uses Obligation as a general concept. Specific profiles specialise obligations into settlement obligations, policy obligations, evidence obligations, release obligations, service-level obligations, and cash-flow obligations. | The FX Demo uses Obligation as a general concept. Specific profiles specialize obligations into settlement obligations, policy obligations, evidence obligations, release obligations, service-level obligations, and cash-flow obligations. |
| |
| ===== Definition ===== | ===== Definition ===== |
| |
| //recognised duty, requirement, or commitment assigned to a party, participant, [[dido:99_annexes:annex-b-terms-and-definitions:n:node|Node]], service provider, governed process, or governed function// | //recognised duty, requirement, or commitment assigned to a party, participant, [[dido:99_annexes:annex-b-terms-and-definitions:f:financial_node|Node]], service provider, governed process, or governed function// |
| |
| ===== Source ===== | ===== Source ===== |
| |
| Generalised from FIBO financial contract concepts and ACTUS financial contract modelling concepts; specialised for use in the FX Demo [[dido:99_annexes:annex-b-terms-and-definitions:r:reference_architecture|Reference Architecture]]. | Generalised from FIBO financial contract concepts and ACTUS financial contract modeling concepts; specialized for use in the FX Demo [[dido:99_annexes:annex-b-terms-and-definitions:r:reference_architecture|Reference Architecture]]. |
| |
| ===== Note ===== | ===== Note ===== |
| |
| An Obligation is not a payment, message, instruction, policy rule, evidence record, contract document, or implementation artefact. Those artefacts describe, evidence, discharge, enforce, or record an obligation. | An Obligation is not a payment, message, instruction, policy rule, evidence record, contract document, or implementation artifact. Those artifacts describe, evidence, discharge, enforce, or record an obligation. |
| |
| ===== Example ===== | ===== Example ===== |