Concept · entity · registered
Payment
A transfer of money between parties; distinct from a request to pay or an outstanding obligation.
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Definition
What Payment means
Labels
en Payment
Kindentity
Used in data
In OVDB databases
Databases, recordsets and fields whose meaning is this concept, a kind of it, or whose values are instances of it. Rows open the OVDB Directory.
No OVDB database carries this concept yet.
Properties
What we can say about Payment
These properties describe meanings and reference targets. Storage types, required fields, and cardinality belong to the consuming data model.
| Property | Meaning | Values and units |
|---|---|---|
| Payment amount | The monetary amount recorded for the transfer. | Scalar meaning · Units: Currency |
| Payment currency | The recorded currency of the transfer amount. | Values reference Currency |
| Payment date | The date on which the transfer is recorded. | Scalar meaning |
| Payment financial account | An account through which the payment is recorded. | Values reference Financial account |
| Payment payer organization | An organization acting as payer. | Values reference Organization |
| Payment payer person | A person acting as payer. | Values reference Person |
| Payment related obligation | An obligation to which this payment relates; allocation amounts and many-to-many reconciliation belong in the consuming data model. | Values reference Payment obligation |