{"iri":"https://spec.edmcouncil.org/fibo/ontology/LOAN/LoansSpecific/LoanProducts/LoanPurpose","label":"loan purpose","definition":"A selection of different types of loan purpose, being the purpose for which and manner in which loan (credit) draw-down amounts are to be used. This shows the purpose for which credit is to be used, and implies certain kinds of fact that relate to that specific type of loan e.g. mortgages. These are also identified as tranche types in tranches of a credit facility.","license":"https://spdx.org/licenses/MIT","source":"fibo","source_url":"https://spec.edmcouncil.org/fibo/"}