Terms like insolvent, bankrupt and in receivership are likely to have different legal implications in different jurisdictions. Best Practice for recording various other status levels is to use the relevant jurisdiction's terms and to do so in a consistent manner using a SKOS Concept Scheme. rov:orgStatus is a sub class of org:classification which has a range of skos:Concept.
| type | mdr:DataElement |
| mdr:context | regorg |
| mdr:objectClass | Registered Organization |
| mdr:property | company status |
| representation technique | RDFSchema |
| definition | Terms like insolvent, bankrupt and in receivership are likely to have different legal implications in different jurisdictions. Best Practice for recording various other status levels is to use the relevant jurisdiction's terms and to do so in a consistent manner using a SKOS Concept Scheme. rov:orgStatus is a sub class of org:classification which has a range of skos:Concept. |