The Financial Industry Business Ontology (FIBO) defines the sets of things that are of interest in financial business applications and the ways that those things can relate to one another. In this way, FIBO can give meaning to any data (e.g., spreadsheets, relational databases, XML documents) that describe the business of finance.
The wording is a bit clumsy: "in order to set a price" is redundant since the clause starts "for determining a price". Also, the nominal has an IRI for the instrument pricing ontology but occurs in CDS and should be moved.
The wording is a bit clumsy: "in order to set a price" is redundant since the clause starts "for determining a price". Also, the nominal has an IRI for the instrument pricing ontology but occurs in CDS and should be moved.