fibo-be-le-cb:ForProfitCorporation leaf node

fibo-be-le-cb:Corporation
- fibo-be-le-cb:ForProfitCorporation

URI

https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/CorporateBodies/ForProfitCorporation

Label

for profit corporation

Description

corporation whose objective is to make money, i.e., to ensure realization of a financial benefit such that the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain that activity

Superclasses (2)

fibo-be-le-cb:Corporation

cmns-org:LegalEntity

Usage

Instances of fibo-be-le-cb:ForProfitCorporation can have the following properties:

PROPERTY	TYPE	DESCRIPTION	RANGE
From class fibo-be-le-cb:Corporation
fibo-be-le-cb:isConstitutedBy	owl:ObjectProperty	the instrument by which an entity is incorporated	fibo-fnd-law-cor:Constitution
fibo-be-le-cb:isIncorporatedIn	owl:ObjectProperty	the legal jurisdiction under which the legal entity is incorporated	cmns-rga:Jurisdiction
From class cmns-org:LegalEntity
fibo-be-le-fbo:hasEquity	owl:ObjectProperty	indicates owners' equity associated with the entity	fibo-fnd-oac-own:OwnersEquity
fibo-be-le-lei:hasLegalAddress	owl:ObjectProperty	indicates the legal address for the entity, in the jurisdiction in which the entity is established, used for registration purposes with respect to obtaining an LEI	fibo-fnd-plc-adr:ConventionalStreetAddress
fibo-be-le-lei:hasLegalForm	owl:ObjectProperty	indicates the nature of the entity as defined from a legal or regulatory perspective in a given jurisdiction	fibo-be-le-lei:EntityLegalForm
fibo-be-oac-cpty:hasMajorityControllingParty	owl:ObjectProperty	indicates a party that owns a controlling stake (over 50 percent) in the entity	fibo-be-oac-cpty:MajorityControllingParty
fibo-be-oac-cctl:hasAffiliate	owl:ObjectProperty	has a party which directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with the company	fibo-be-oac-cctl:Affiliate
fibo-be-oac-cctl:hasSubsidiary	owl:ObjectProperty	relates a legal entity to another organization that it owns at least 50 percent of	fibo-be-oac-cctl:Subsidiary
fibo-be-oac-cctl:isWhollyOwnedBy	owl:ObjectProperty	relates a legal entity to a party that has 100 percent ownership and control over it	fibo-be-oac-cctl:TotalControllingInterestParty
fibo-be-oac-cctl:hasDomesticUltimateParent	owl:ObjectProperty	relates an organization to another recognized as its ultimate parent, within its country or jurisdiction of incorporation, if it has one	fibo-be-oac-cctl:DomesticUltimateParent
fibo-be-oac-cctl:hasGlobalUltimateParent	owl:ObjectProperty	relates an organization to another recognized as its ultimate parent, if it has one	fibo-be-oac-cctl:GlobalUltimateParent
From class owl:Thing
fibo-be-corp-corp:hasDateOfIncorporation	owl:ObjectProperty		owl:Thing
fibo-be-corp-corp:hasDateOfRegistration	owl:ObjectProperty		owl:Thing
fibo-be-corp-corp:hasIssuedCapital	owl:ObjectProperty		owl:Thing
fibo-be-corp-corp:hasSharesAuthorized	owl:DatatypeProperty		owl:Thing
fibo-be-ge-ge:isElectedBy	owl:ObjectProperty	identifies an official or government chosen to hold office by voting	owl:Thing
fibo-be-ge-ge:isRepresentedBy	owl:ObjectProperty	relates a system of governance to its chosen representatives	owl:Thing
fibo-be-le-cb:hasDateOfIncorporation	owl:ObjectProperty	indicates the formal date of incorporation as stated in filing documents	cmns-dt:ExplicitDate
fibo-be-le-cb:hasDateOfRegistration	owl:ObjectProperty	indicates the date on which the corporation has registered in some jurisdiction for regulatory and / or for tax purposes	cmns-dt:ExplicitDate
fibo-be-le-cb:hasIssuedCapital	owl:ObjectProperty	indicates the aggregate value of all shares held by shareholders	fibo-fnd-acc-cur:MonetaryAmount
fibo-be-le-cb:hasSharesAuthorized	owl:DatatypeProperty	indicates the maximum number of shares that are permitted to be issued, as established by the board of directors	xsd:nonNegativeInteger
fibo-be-le-lei:hasLegalFormAbbreviation	owl:DatatypeProperty	the precise abbreviation for the entity legal form as defined in the jurisdiction in which it is registered, for example LLC, LLP, Ltd, PLC, Corp.	owl:Thing
fibo-be-le-lei:hasOwnershipPercentage	owl:DatatypeProperty	the percentage ownership interest in the owned entity owned by owning entity, if known	xsd:decimal
fibo-be-le-lei:hasTransliteratedLegalFormAbbreviation	owl:DatatypeProperty	a transliterated (i.e., in Latin or Romanized ASCII) representation of the abbreviation for the entity legal form	owl:Thing
fibo-be-le-lei:hasTransliteratedName	owl:DatatypeProperty	a transliterated (i.e., in Latin or Romanized ASCII) representation of a name for the entity	owl:Thing
fibo-be-le-lei:isConsolidatedBy	owl:ObjectProperty	indicates the entity considered the 'end node' or consolidating entity (parent) from an ISO 17442 perspective	cmns-org:LegalEntity
fibo-be-le-lei:isConsolidationOf	owl:ObjectProperty	indicates the entity considered the 'start node' or consolidated entity from an ISO 17442 perspective	cmns-org:LegalEntity
fibo-be-le-lei:isDirectlyConsolidatedBy	owl:ObjectProperty	indicates that the entity considered the 'end node' or consolidating entity (parent) fully consolidates the accounting of the 'start node' (child) per the accounting rules specified, and is the closest consolidating entity to that child in any applicable ownership hierarchy	cmns-org:LegalEntity
fibo-be-le-lei:isInternationalBranchOf	owl:ObjectProperty	indicates that the entity considered the 'start node' or consolidated entity (child) is an international subsidiary of the 'end node' (parent) in the jurisdiction of the child	cmns-org:LegalEntity
fibo-be-le-lei:isQuantifiedBy	owl:DatatypeProperty	indicates that something is limited to or conditional due to some rate or other statistical value	xsd:decimal
fibo-be-le-lei:isUltimatelyConsolidatedBy	owl:ObjectProperty	indicates that the entity considered the 'end node' or consolidating entity (parent) fully consolidates the accounting of the 'start node' (child) per the accounting rules specified, and is the most distant consolidating entity to that child in any applicable ownership hierarchy	cmns-org:LegalEntity
fibo-be-le-lp:hasIntendedLiquidationDate	owl:ObjectProperty	links an agreement, contract, or legal entity to a date on which it is scheduled to be sold	cmns-dt:Date
fibo-be-oac-cown:consistsOfNumberOfUnits	owl:DatatypeProperty	indicates the number of units of	xsd:decimal
fibo-be-oac-exec:authorizes	owl:ObjectProperty		owl:Thing
fibo-be-oac-exec:authorizesThrough	owl:ObjectProperty		owl:Thing
fibo-be-oac-exec:delegatesControlTo	owl:ObjectProperty		owl:Thing
fibo-be-oac-exec:designatesSignatory	owl:ObjectProperty	authorizes to sign agreements, access accounts and/or perform other similar tasks	fibo-be-oac-exec:Signatory
fibo-be-oac-exec:hasAuthorizedParty	owl:ObjectProperty		owl:Thing
fibo-be-oac-exec:hasAuthorizingParty	owl:ObjectProperty		owl:Thing
fibo-be-oac-exec:hasDelegatedControlOf	owl:ObjectProperty		owl:Thing
fibo-be-oac-exec:hasResponsibleParty	owl:ObjectProperty		owl:Thing
fibo-be-oac-exec:isAuthorizedBy	owl:ObjectProperty		owl:Thing
fibo-be-oac-exec:isAuthorizedThrough	owl:ObjectProperty		owl:Thing
fibo-be-oac-opty:guarantees	owl:ObjectProperty	provides a formal assurance or promise, esp. that certain conditions shall be fulfilled relating to a product, service, or transaction	owl:Thing
fibo-be-oac-opty:hasDirectOwningEntity	owl:ObjectProperty	relates a formal organization to a direct legal person / owner	owl:Thing
fibo-be-oac-opty:hasInvestmentEntity	owl:ObjectProperty	relates a legal person to a directly owned formal organization or subsidiary, depending on the percent ownership interest	owl:Thing

Implementation

@prefix fibo-be-le-cb: <https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/CorporateBodies/> .
@prefix fibo-be-le-lp: <https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/> .
@prefix fibo-fnd-gao-obj: <https://spec.edmcouncil.org/fibo/ontology/FND/GoalsAndObjectives/Objectives/> .
@prefix owl: <http://www.w3.org/2002/07/owl#> .
@prefix rdfs: <http://www.w3.org/2000/01/rdf-schema#> .
@prefix skos: <http://www.w3.org/2004/02/skos/core#> .
@prefix xsd: <http://www.w3.org/2001/XMLSchema#> .

fibo-be-le-cb:ForProfitCorporation a owl:Class ;
    rdfs:label "for profit corporation" ;
    rdfs:subClassOf [ a owl:Restriction ;
            owl:minQualifiedCardinality "0"^^xsd:nonNegativeInteger ;
            owl:onClass fibo-be-le-lp:ProfitObjective ;
            owl:onProperty fibo-fnd-gao-obj:hasObjective ],
        fibo-be-le-cb:Corporation ;
    owl:disjointWith fibo-be-le-cb:NotForProfitCorporation ;
    skos:definition "corporation whose objective is to make money, i.e., to ensure realization of a financial benefit such that the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain that activity" .