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KB Term:  Term intersection
English Word: 

Sigma KEE - FinancialDefault
FinancialDefault(financial default)

appearance as argument number 1
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(subclass FinancialDefault FinancialTransaction) FinancialOntology.kif 2163-2163 Financial default is a subclass of financial transaction
(documentation FinancialDefault EnglishLanguage "Failure to make required debt payments on a timely basis or to comply with other conditions of an obligation or agreement.") FinancialOntology.kif 2164-2165 Financial default is a subclass of financial transaction

appearance as argument number 2
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(termFormat EnglishLanguage FinancialDefault "financial default") domainEnglishFormat.kif 23764-23764
(termFormat ChineseTraditionalLanguage FinancialDefault "財務違約") domainEnglishFormat.kif 23765-23765
(termFormat ChineseLanguage FinancialDefault "财务违约") domainEnglishFormat.kif 23766-23766

antecedent
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(=>
    (and
        (instance ?Loan Loan)
        (securedBy ?Loan ?Security)
        (lender ?Loan ?Bank)
        (instance ?Default FinancialDefault)
        (patient ?Default ?Loan))
    (holdsDuring
        (ImmediateFutureFn
            (WhenFn ?Default))
        (possesses ?Bank ?Security)))
FinancialOntology.kif 1350-1359 If X is an instance of loan, Y is a secured by of X, Z lends X, W is an instance of financial default, and X is a patient of W, then Z possesses Y holds during immediately after the time of existence of W
(=>
    (and
        (instance ?Bond SecuredBond)
        (securedBy ?Bond ?Security)
        (possesses ?Agent ?Bond)
        (instance ?Default FinancialDefault)
        (patient ?Default ?Bond))
    (holdsDuring
        (ImmediateFutureFn
            (WhenFn ?Default))
        (possesses ?Agent ?Security)))
FinancialOntology.kif 2414-2423 If X is an instance of secured bond, Y is a secured by of X, Z possesses X, W is an instance of financial default, and X is a patient of W, then Z possesses Y holds during immediately after the time of existence of W


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