CANDID Specification of Commercial and Financial Contracts: A Formal Semantics Approach to Knowledge Representation, Part III: CANDID Specification of Financial Concepts

  • Ronald M. Lee
Part of the International Handbooks on Information Systems book series (INFOSYS)


The formal language CANDID is presented as a knowledge representation formalism for artificially intelligent decision support systems. The language is specifically oriented to representation of concepts in finance, commerce and administration. Later parts of the paper demonstrate the application of CANDID to explication of corporate entities and contractual objects, as well as to various concepts in elementary finance.


Common Stock Economic Object Prefer Stock Call Price Coupon Bond 
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  1. [Aye63]
    F. Ayers, Jr., Mathematics of finance, Shaum’s Outline, McGraw-Hill, New York, NY, 1963.Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2005

Authors and Affiliations

  • Ronald M. Lee
    • 1
  1. 1.Florida International University (FIU)MiamiUSA

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