4.4 Business Term

A Business Term is a Functional Keyword that represents a unique functional aspect of the Financial Artefacts (Entities and Attributes). There is a business meaning to each Financial Artefact, and therefore, a business name is created in the form of a Business Term. Then the Business Term is used to find and fit into a purpose of different contexts. Therefore, Business Terms are expressions of the Participants/Actors, their Activities, and requirements conveyed in common business.

The approach to arrive at the Logical View of the Physical Model has inverted in the Data Catalog. Contrary to the previous practices, first the Functional Keyword or Artefacts are identified, collated, and then expressed in common business language, and then the corresponding Physical Model is developed.

Multiple Business Terms are a part of each Subject Area. A Business Term is a singular term irrespective of multiple places it appears in and the Business Term will have a recognizable naming pattern.

Metadata is attached to the Business Terms.

The Content Structure allows you to define relationship between related Business Terms for better discovery and usage in the aspect of sourcing.

Table 4-2 Example of Relationship between Business Terms

Business Term	Related Business Term	Relationship Type
Current Write Off Amount	Write Off General Ledger Code	MEASURE_GL

To create or update a Business term, see the Manage Business Terms.