This ontology extends definitions of date and schedule concepts from the FinancialDates ontology with concepts defining dates that may be adjusted when they fall on weekends or holidays as defined in a given business center, for use in other FIBO ontologies. Business Dates Ontology identifies a location where business is conducted, and hence the business calendar used to adjust dates has business center identifies a convention for adjustment of the business day for handling weekends and holidays has business day adjustment identifies a convention regarding how a date should be handled when it falls on a day that is not a business day has business day convention identifies a convention regarding how certain recurring dates should be handled with respect to a given schedule, such as the end of the month has business recurrence interval convention a relationship that states that some condition or state holds during a specified date period holds during a convention that specifies what happens when a date falls on a day that is a weekend or a holiday in some business center business day adjustment a convention that enumerates the possible ways to handle a date that falls on a weekend or holiday business day convention a recurrence interval that is specified using a business recurrence interval convention business recurrence interval a convention for modeling recurring days, such as the end of the month, a particular day of the month, a day of the week, or more specifically, a t-bill auction date business recurrence interval convention a widely accepted or established way of doing 'something' within some community of practice convention a business recurrence interval that indicates a specific, recurring day of the month day of the month a business recurrence interval that indicates a specific, recurring day of the week day of the week a business recurrence interval that indicates the last day of a calendar month, regardless of the length of that month end of the month BusinessDayFollowing is a BusinessDayConvention that means a non-business date will be adjusted to the first following day that is a business day. business day following BusinessDayModifiedFollowing is a BusinessDayConvenion that means a non-business date will be adjusted to the first following day that is a business day unless that day falls in the next calendar month, in which case that date will be the first preceding day that is a calendar date. business day modified following BusinessDayModifiedPreceding is a BusinessDayConvention that means that a non-business date will be adjusted to the first preceding day that is a business day unless that day falls in the previous month, in which case that date will be the first following day that is a business day. business day modified preceding BusinessDayNearest is a BusinessDayConvention that means that a non-business date will be adjusted to the nearest day that is a business day -- i.e. if the non-business day falls on any day other than a Sunday or a Monday, it will be the first preceding day that is a business day, and will be the first following business day if it falls on a Sunday or a Monday. business day nearest BusinessDayNone is a BusinessDayConvention that means that a date will not be adjusted if it falls on a day that is not a business day. business day none business day preceding The last day of a calendar month irrespective of the length of the calendar month. business recurrence interval end-of-month 1 1 1 1 1 1 Copyright (c) 2014-2017 EDM Council, Inc. Copyright (c) 2014-2017 Object Management Group, Inc. http://www.omg.org/techprocess/ab/SpecificationMetadata/MITLicense BusinessDates.rdf fibo-fnd-dt-bd This ontology extends definitions of date and schedule concepts from the FinancialDates ontology with concepts defining dates that may be adjusted when they fall on weekends or holidays as defined in a given business center, for use in other FIBO ontologies. This ontology was added to Foundations in advance of the December 2014 Long Beach meeting in support of the SEC specification. It is also needed to provide temporal relationships for Ownership and Control. These three ontologies are designed for use together: * FinancialDates -- financial Dates and Schedules * BusinessDates -- business day adjustments * Occurrences -- occurrences (events) and kinds of occurrences They are modularized this way to minimize the ontological committments that are imposed upon ontologies that rely upon them. Ontologies can import FinancialDates alone, or FinancialDates + BusinessDates, or FinancialDates + Occurrences, or all three together. The http://www.omg.org/spec/EDMC-FIBO/FND/20141101/DatesAndTimes/BusinessDates/ version of this ontology was revised by the FIBO FND 1.2 RTF in order to add definitions for business recurrence intervals such as the day of the month and week, and to revise the representation of the end of the month to correspond to the way that the other intervals are represented for use in parametric schedules. http://www.omg.org/spec/EDMC-FIBO/FND/Utilities/AnnotationVocabulary/ http://www.omg.org/spec/EDMC-FIBO/FND/Relations/Relations/ http://www.omg.org/spec/EDMC-FIBO/FND/Places/Countries/ http://www.omg.org/spec/EDMC-FIBO/FND/DatesAndTimes/FinancialDates/ http://www.omg.org/spec/ODM/ http://www.w3.org/standards/techs/owl#w3c_all identifies a location where business is conducted, and hence the business calendar used to adjust dates identifies a convention for adjustment of the business day for handling weekends and holidays identifies a convention regarding how a date should be handled when it falls on a day that is not a business day identifies a convention regarding how certain recurring dates should be handled with respect to a given schedule, such as the end of the month a relationship that states that some condition or state holds during a specified date period a convention that specifies what happens when a date falls on a day that is a weekend or a holiday in some business center a convention that enumerates the possible ways to handle a date that falls on a weekend or holiday a recurrence interval that is specified using a business recurrence interval convention a convention for modeling recurring days, such as the end of the month, a particular day of the month, a day of the week, or more specifically, a t-bill auction date a widely accepted or established way of doing 'something' within some community of practice Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012 https://en.oxforddictionaries.com/definition/convention a business recurrence interval that indicates a specific, recurring day of the month This class is only used or meaningful when a regular period in a schedule is monthly, i.e., period is 1 month. a business recurrence interval that indicates a specific, recurring day of the week This class is only used or meaningful when a regular period in a schedule is weekly, i.e., period is 1 week. a business recurrence interval that indicates the last day of a calendar month, regardless of the length of that month BusinessDayFollowing is a BusinessDayConvention that means a non-business date will be adjusted to the first following day that is a business day. FPML 5.1 "BusinessDayConventionEnum" BusinessDayModifiedFollowing is a BusinessDayConvenion that means a non-business date will be adjusted to the first following day that is a business day unless that day falls in the next calendar month, in which case that date will be the first preceding day that is a calendar date. FPML 5.1 "BusinessDayConventionEnum" BusinessDayModifiedPreceding is a BusinessDayConvention that means that a non-business date will be adjusted to the first preceding day that is a business day unless that day falls in the previous month, in which case that date will be the first following day that is a business day. FPML 5.1 "BusinessDayConventionEnum" BusinessDayNearest is a BusinessDayConvention that means that a non-business date will be adjusted to the nearest day that is a business day -- i.e. if the non-business day falls on any day other than a Sunday or a Monday, it will be the first preceding day that is a business day, and will be the first following business day if it falls on a Sunday or a Monday. FPML 5.1 "BusinessDayConventionEnum" BusinessDayNone is a BusinessDayConvention that means that a date will not be adjusted if it falls on a day that is not a business day. FPML 5.1 "BusinessDayConventionEnum" FIX 5.0SP2 "LegDateRollConvention/EOM" FPML 5.1 'RollConventionEnum/EOM' The last day of a calendar month irrespective of the length of the calendar month.