Semantic World

The Gist Accounting Ontology

For the Financial World


All of the core business concepts for accounting are included with your download.
Select an example concept below to understand its scope!

State

State

It defines the scope of possible actions to be performed with or on a certain resource.

  • Possession

It defines the concept of physically possessing but not necessarily owning a Resource. This limit the scope of possible actions on the resource since it is not owned.

  • Ownership

It defines the concept of owning a Resource but not necessarily physically possess it. Especially, it provides the ability to dispose of it.