Term Citation Statement Terms - World Credit Organization

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10.5 Terminology Reference Statement

In most of the ICE8000 standards, there are the following clauses: "The terms involved in this standard, if their meanings are not stipulated in this standard, their meanings can be found in "International Credit Rating Industry Terminology of ICE8000 International Credit Standard System."

This clause clearly declares the citation of ICE8000 standard term definitions, which can be called the term reference declaration clause.

The main function of this clause is to avoid disputes caused by unclear definitions of terms.

In the ICE8000 standard, in order to clarify the meaning, the terms involved in the standard are usually defined. However, if all the terms are defined, it will affect the simplification of the ICE8000 standard. Therefore, some terms are included in the "ICE8000 International Credit Standard System" agreed in the International Glossary of Credit Rating Industry.

The above content is excerpted from "Building an Integrity Unit - ICE8000 Integrity Management" (written by Fang Bangjian, free to use, but please indicate the source)