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This section provides a description of the main features of the BusinessNomenclature package.
The BusinessNomenclature package provides two main constructs to represent business terms and concepts and related semantics:
• Taxonomy is a collection of concepts that provide the context for the meaning of a particular term.
• Glossary is a collection of terms and various related forms of the term.
A taxonomy is a collection of concepts. Concepts represent semantic information and relationships. Concepts are identified
by terms, which in turn are manifested by a word or phrase. More than one term may describe the same concept and a given term
may describe more than one concept.
A glossary is a collection of terms that are related through explicit or implicit relationships. Terms may be preferred (the
term best representing its concept) and thus represent the vocabulary of a business domain or user. Terms may be synonyms
and point at the preferred term. A preferred term and its synonyms represent the fact that several terms describe the same
concept although with different shades of meaning. Terms may be arranged into a hierarchy of more generic and more specific
elements. This relationship allows substituting a narrower term, such as “USA,? for a wider term, such as “country.?