Fibo.schema.org v1.0 Proposal

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fibo.schema.org v1.0 Proposal

This proposal builds upon the Initial Proposal, which added new types and properties to the core schema.org vocabulary for the support of financial products and services.

It is subject of a Pull Request in the Schemaorg Repository (#1163).

It introduces a first raft of new and modified Types and Properties to support in more detail the requirements for sharing financial products, services and organisations using Schema.org on the Web. This initial (v1.0) proposal has a focus on the area of loans, plus the addition of some more generally useful terms.

A preview version of this proposal can be viewed here: http://fibo.sdo-fibo.appspot.com

Types

  • BrokerageAccount - An account that allows an investor to deposit funds and place investment orders with a licensed broker or brokerage firm.
  • ExchangeRateSpecification - A structured value representing exchange rate.
  • InvestmentFund - A company or fund that gathers capital from a number of investors to create a pool of money that is then re-invested into stocks, bonds and other assets.
  • MoneyTransfer - The act of transferring money from one place to another place. This may occur electronically or physically.
  • MortgageLoan - A loan in which property or real estate is used as collateral. (A loan securitized against some real estate.)
  • RepaymentSpecification - A structured value representing repayment.

Properties

  • bankAccountType - The type of a bank account.
  • beneficiaryBank - A bank or bank’s branch, financial institution or international financial institution operating the beneficiary’s bank account or releasing funds for the beneficiary.
  • cashBack - A cardholder benefit that pays the cardholder a small percentage of their net expenditures.
  • contactlessPayment - A secure method for consumers to purchase products or services via debit, credit or smartcards by using RFID or NFC technology.
  • currentExchangeRate - The current price of a currency.
  • domiciled - Whether borrower is a resident of the jurisdiction where the property is located.
  • downPayment - a type of payment made in cash during the onset of the purchase of an expensive good/service. The payment typically represents only a percentage of the full purchase price.
  • earlyPrepaymentPenalty - The amount to be paid as a penalty in the event of early payment of the loan.
  • exchangeRate - The price of a currency in terms of another currency.
  • exchangeRateSpread - The difference between the price at which a broker or other intermediary buys and sells foreign currency.
  • floorLimit - A floor limit is the amount of money above which credit card transactions must be authorized.
  • gracePeriod - The period of time after any due date that the borrower has to fulfil its obligations before a default (failure to pay) is deemed to have occurred.
  • loanMortgageMandateAmount - Amount of mortgage mandate that can be converted into a proper mortgage at a later stage.
  • loanType - The type of a loan or credit.
  • minimumInflow - A minimum amount that has to be paid in every month.
  • mobileApp - The location of mobile application used to access the service.
  • monthlyMinimumRepaymentAmount - The minimum payment is the lowest amount of money that one is required to pay on a credit card statement each month.
  • numberOfPayments - The number of payments contractually required at origination to repay the loan. For monthly paying loans this is the number of months from the contractual first payment date to the maturity date.
  • overdraftLimit - An overdraft is an extension of credit from a lending institution when an account reaches zero. An overdraft allows the individual to continue withdrawing money even if the account has no funds in it. Basically the bank allows people to borrow a set amount of money.
  • paymentAmount - The amount of money to pay in a single payment.
  • paymentFrequency - Frequency of payments due, i.e. number of months between payments. This is defined as a frequency, i.e. the reciprocal of a period of time.
  • recourseLoan - The only way you get the money back in the event of default is the security. Recourse is where you still have the opportunity to go back to the borrower for the rest of the money.
  • renegotiable - Whether the terms for payment of interest can be renegotiated during the life of the loan.
  • repaymentForm - A form of paying back money previously borrowed from a lender. Repayment usually takes the form of periodic payments that normally include part principal plus interest in each payment.
  • textChat - The text chat URL to access the service.