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## Module Definitions

The list of the acronyms and abbreviations that are used in this guide are as follows:

Table - Definitions

Term | Definitions
--- | ---
Entity Code | A unique identifier used to represent different entities within the system, such as branches, customers, or external organizations.
Relationship | Information concerning the connections between the party and related parties, including household members, guardians, custodians, and other relevant affiliations.
Business Process Code | A unique identifier used to define and manage various business processes within the system.
MIS Details | The configuration and management of data related to various business aspects for reporting and analysis purposes.
Bankrupt | The party has been legally declared bankrupt.
Frozen | The party is frozen due to regulatory or internal reasons.
Dormant | An account is in dormant status which means not used for along time.
Primary Party | The primary customer of a specific account.
Secondary Party | The secondary customer of a specific account.
Suffix | A word or letters added after the surname (last name) to provide additional information about a person. The suffix used in the party’s name, such as Jr., Sr., III, etc.
Party De-duplication check | To prevent the onboarding of duplicate parties, a check is performed during the onboarding process. This ensures that a party does not already exist in Oracle Banking Party
CIBIL/Credit Score | Credit score as per credit KYC check of the party.
Police DB Check | Police database is been checked as part of police KYC check.
Risk Mitigation | The process of reducing risk exposure and minimizing the likelihood of an incident.
Solicitor | Alegal professional who handles a wide range of legal tasks, from drafting documents and negotiating contracts to providing legal guidance.
Custodian | A person or entity that holds and safeguards assets, often in a financial context especially of minor/child party.
Guardian | A person who is legally responsible for the care of another person, especially of minor/child party.

Parent topic: Preface