1. User Guide
  2. Mapping the Business Terms
  3. Creating a Usage Term

4.3 Creating a Usage Term

The definition of Business Terms is generally designed to produce a common understanding of the meaning of the term for the entire organization irrespective of the business function. These are standard definitions and do not define the usage of the term in a specific context.

The Usage Term of Business Terms explains the terminology in the context of its usage. A terminology can have one or more usage terms based on the number of use cases that it applies to in the organization. Each usage of that particular term has its explanation of how and why it is used, along with the list of values for that specific context.

The BIRD and OFSAA business glossary provide a standard and complete Usage Term for each Business Term.

Note:

You can only create a Usage Term for Business Terms that are in the Draft status.

To add a Usage Term, follow these steps:

  1. From the Financial Services Data Governance for North America Regulatory Reporting window navigate to Standards and Policies and select Business Terms.

    The Business Terms summary window is displayed.

  2. Click Add. The Business Term page is displayed. The status of the Business Term is New.
  3. Enter the Business Term Details and click Save. The Term Usage section is now enabled.
  4. Click the Term Usage tab.
  5. In the Usage Term sub-section, click the Link icon.

    Figure 4-8 Usage Term


    This illustration shows the Usage Term details.

  6. In the Usage Term window, enter values in the following fields.

    Table 4-6 Usage Term

    Fields Description Fields marked in blue asterisk(*) are mandatory
    Usage Term Name The name of the context in which the term is used.
    Context Definition Contextual definition of the glossary term from the perspective of source or application.
    Object An external standard business model object name like Accord Model, Accord Object is saved alongside OFSAA Glossary term.
    Group A Group Name or ID of the object in the external model if any.
    Reference Reference ID or Number of the object in the external model if any.

    Additionally, in the List of Values sub-section, you can also Add, Save, or Delete.

  7. Click Save and then Submit.

    A confirmation appears, confirming that the operation to add a usage term was successful.