{"schema":"https://ver.cy/schemas/card/1.0.0","id":"vr.wm-eco-005","code":"world-f8-credit-debt-and-financial-instruments","url":"https://ver.cy/models/world-f8-credit-debt-and-financial-instruments/","name":"Credit Debt & Financial Instruments","alternateNames":["F8"],"kind":"world-model","status":"legacy","version":"0.2.0-legacy","language":"en","classifiers":{"family":"World Models","category":"Society, people and institutions","entryKind":"category-split-required","plane":"","domain":["SOC.ECO.INS2"],"industry":["Cross-industry"],"navPath":"NAV.SOC.ECO.INS2","tags":["credit","security","soc.eco.ins2"],"facets":{}},"whatItIs":"This meta-model describes claims and obligations expressed as instruments: loans, bonds, equity and similar contracts, their issuance into existence, the holdings and obligations they create between parties, the schedules that service them, the collateral that secures them, and the corporate actions that modify them.","purpose":"Loans, bonds, equity, collateral, holdings","scope":{"in":[],"out":[],"boundaries":[]},"distinguishingFeatures":["It is its own model because instruments have lifecycles (issuance, servicing, transfer, default, maturity) and inherently bilateral position semantics."],"structure":{"bundles":[{"id":"instrument","name":"instrument","description":"What the claim is","layers":[{"id":"instrumentTypes","name":"instrumentTypes","description":"loans, bonds, equity, guarantees and their defining terms","findings":[]},{"id":"identification","name":"identification","description":"external identifier schemes for instruments and parties","findings":[]}]},{"id":"lifecycle","name":"lifecycle","description":"How instruments live","layers":[{"id":"issuance","name":"issuance","description":"creation of instruments and their initial allocation","findings":[]},{"id":"servicingAndActions","name":"servicingAndActions","description":"interest, repayment, corporate actions and maturity","findings":[]}]},{"id":"position","name":"position","description":"Who holds and who owes","layers":[{"id":"holdings","name":"holdings","description":"the asset side of positions per holder","findings":[]},{"id":"obligations","name":"obligations","description":"the liability side per obligor with amounts and due dates","findings":[]}]},{"id":"collateral","name":"collateral","description":"What secures the claims","layers":[{"id":"pledges","name":"pledges","description":"assets pledged against obligations","findings":[]},{"id":"valuation","name":"valuation","description":"marks and margins applied to pledged assets","findings":[]}]}]},"agentConduct":{"may":[],"mustNot":[],"requiresHuman":[]},"ethics":{"considerations":[],"affectedParties":[]},"owners":{"steward":"Stewardship is bilateral: the issuer stewards the instrument and obligation records, the holder stewards its holdings, and each sees the shared position only through the bilateral contract.","roles":[],"masterSystems":[]},"relations":[{"target":"world.agreement","type":"references","note":"every instrument is anchored to the recorded agreement that creates its obligations."},{"target":"world.money","type":"references","note":"interest, principal and settlement flows are payments in the money model; amounts COMPOSE the F2 money value object."},{"target":"world.landParcel","type":"references","note":"mortgage pledges attach to identified parcels and their registered rights."},{"target":"world.person","type":"references","note":"natural persons as holders and obligors, resolved by reference."},{"target":"world.organization","type":"references","note":"issuers, obligors and intermediaries as organizations."},{"target":"vr.wm-xct-014","type":"requires"}],"interaction":{"identity":{"applicability":"required","items":["financialInstrument: a claim contract in a defined form; key attributes: instrumentType, identifier (ISIN/FIGI), currency, terms."]},"properties":{"applicability":"not-applicable","items":[]},"recognition":{"applicability":"optional","items":[]},"capabilities":{"applicability":"required","items":["instrumentIssued: an instrument came into existence and initial holdings were allocated.","interestPaid: a servicing flow was paid on schedule or otherwise.","principalRepaid: outstanding principal was reduced.","holdingTransferred: an asset position moved between holders.","collateralPledged: an asset was pledged against an obligation.","collateralReleased: a pledge was discharged.","defaultRecorded: an obligor failed to meet a due obligation.","instrumentMatured: an instrument reached the end of its life and positions closed."]},"hazards":{"applicability":"optional","items":[]},"interfaces":{"applicability":"required","items":["bilateralPositionAccess: issuer and holder each read their own side of a position; neither sees the other's full book.","collateralStatusVerification: a party with a legitimate interest verifies whether an asset is already pledged.","aggregateExposureStatistics: sector and territory level exposure aggregates with all parties anonymized.","holderPortfolioView: one holder's instruments, holdings and expected flows; omits other holders and issuer internals.","issuerLiabilityView: one issuer's outstanding instruments, obligations and schedules; omits holder identities beyond what the register requires.","systemicAggregateView: anonymized totals of debt stock, maturity walls and collateral coverage for analysis; omits all position identity."]},"context":{"applicability":"required","items":["Access follows the catalogue's S1/S2 ownership and access models, anchored to the underlying R2 agreement, with position access audited via S4."]}},"sources":[],"openQuestions":["Superseded by a researched world model? Map this legacy card to its successor or retire it."],"resources":{"spec":"/models/world-f8-credit-debt-and-financial-instruments/spec.yaml","agents":"/models/world-f8-credit-debt-and-financial-instruments/AGENTS.md"},"provenance":{"origin":"legacy MMAS card (world-models v0.2)","builtFrom":["models/world-f8-credit-debt-and-financial-instruments/spec.yaml","models/docs/flows-resources/F8-credit-debt-and-financial-instruments.md"],"providers":[],"researchStatus":"legacy","generatedAt":"","builder":"tools/build_cards.py@1.0.0"},"completeness":{"sections":{"classifiers":"filled","whatItIs":"derived","purpose":"filled","distinguishingFeatures":"derived","structure":"thin","agentConduct":"missing","ethics":"missing","owners":"filled","relations":"filled","interaction.identity":"derived","interaction.properties":"not-applicable","interaction.recognition":"missing","interaction.capabilities":"derived","interaction.hazards":"missing","interaction.interfaces":"derived","interaction.context":"filled","sources":"missing"},"notes":{"whatItIs":"First sentence of the legacy card introduction.","interaction.capabilities":"Legacy events listed as state transitions.","structure":"Legacy card: layers named, findings and questions never written.","interaction.properties":"Institutional or informational subject: no invented physical properties."},"score":0.5}}