A vocabulary for the distributed economic networks of the next economy, to coordinate the creation, distribution, and exchange of economic resources
Resource Specification
Specifies the kind of resource, even if the resource is not instantiated as an EconomicResource. Could define a material item, service, digital item, currency account, skill or type of work, etc.
Process Specification
Specifies the kind of process.
Action
An action verb defining the kind of flow and its behavior.
Input/Output
The action is an input or output of a process, or not related to a process.
Create Resource
The action can create an economic resource.
Event Quantity
The action involves the event resource quantity, event quantity, or both.
Accounting Effect
The action has this effect on an inventoried resource accounting quantity.
Onhand Effect
The action has this effect on an inventoried resource onhand quantity.
Location Effect
The action has this effect on an inventoried resource current location.
Contained Effect
The action has this effect on an inventoried resource contained in resource.
Accountable Effect
The action has this effect on an inventoried resource primary accountable agent.
Stage Effect
The action has this effect on an inventoried resource stage.
State Effect
The action has this effect on an inventoried resource state.
Agent Relationship Role
A relationship role defining the kind of association one agent can have with another.
Recipe
Optional instance of a recipe which directly specifies the recipe processes included.
Recipe Group
A grouping of recipes to facilitate planning them together.
Recipe Process
Specifies a process in a recipe for use in planning from recipe.
Recipe Flow
The specification of a resource inflow to, or outflow from, a recipe process.
Recipe Exchange
Specifies an exchange type agreement as part of a recipe.
Scenario Definition
The type definition of one or more scenarios.
Plan
A logical collection of processes that constitute a body of scheduled work with defined deliverable(s).
Intent
A proposed or planned or estimated economic flow, prior to a commitment or agreement, which can lead to commitments and/or economic events.
Proposal
Published requests or offers, sometimes with what is expected in return.
Proposal List
A grouping of proposals, for publishing as a list.
Proposal Purpose
The type of proposal, an offer or request (others may be added).
Commitment
A planned economic flow that has been promised by an agent to another agent.
Agreement
Reciprocal relations among economic agents.
Agreement Bundle
A grouping of agreements to bundle detailed line item reciprocity.
Scenario
An estimated or analytical logical collection of higher level processes used for budgeting, analysis, plan refinement, etc.
Agent
An entity that can commit to and/or perform economic and/or ecological activity under its own power or authority.
Person
A human being. All people are considered agents.
Organization
A functional structure, formal or informal, which can include people and/or other organizations, and has its own agency. Something called a group is an Organization in Valueflows if it has its own agency.
Ecological Agent
A non-human being; or a functional group of non-human beings; or an ecosystem of living beings that includes non-humans.
Economic Resource
Observable economic or environmental inputs to or outputs from processes, which agents agree should be accounted for.
Process
An activity that changes inputs into outputs, by transforming or transporting economic resource(s).
Economic Event
An observed economic flow, as opposed to a flow planned to happen in the future. This could reflect a change in the quantity of an economic resource. It is also defined by its behavior in relation to the economic resource (see vf:action)
Agent Relationship
An ongoing voluntary association between 2 agents of any kind.
Claim
A claim for a future economic event(s) in reciprocity for an economic event that already occurred. For example, a claim for payment for goods received.
Spatial Thing
Data that locates something relative to the Earth, usually a somewhat fixed location.
Measure
A quantity expressed as a numeric value with a unit of measure.
Unit
A standard unit of measure, defined and adopted by convention or by law.
action
Defines the kind of flow, such as consume, produce, work, transfer, etc.
input of
Relates an input flow to its process.
has input
All the input flows of a process.
output of
Relates an output flow to its process.
has output
All the output flows of a process.
recipe input of
Relates an input flow to its process in a recipe.
has recipe input
All the inputs of a recipe process.
recipe output of
Relates an output flow to its process in a recipe.
has recipe output
All the outputs of a recipe process.
recipe clause of
Relates a flow to its exchange agreement in a recipe.
recipe stipulates
All the primary clauses of a recipe exchange.
recipe reciprocal clause of
Relates a reciprocal flow to its exchange agreement in a recipe.
recipe stipulates reciprocal
All the reciprocal clauses of a recipe exchange.
planned together
A collection of recipes that can be planned together.
primary output
The main output the recipe is intended to produce or deliver.
recipe includes
The collection of processes needed for this recipe.
planned within
The non-process commitment/intent or process with its inputs and outputs is part of the plan.
plan includes
The processes and and non-process commitments/intents that constitute the plan.
independent demand of
This plan is the way this commitment or intent will be realized.
has independent demand
The commitments and/or intents which this plan was created to deliver.
resource inventoried as
Economic resource involved in the flow.
to resource inventoried as
Additional economic resource on the economic event when needed by the receiver. Used when a transfer or move, or sometimes other actions, requires explicitly identifying an economic resource on the receiving side.
provider
The economic agent from whom the intended, committed, or actual economic event is initiated.
receiver
The economic agent whom the intended, committed, or actual economic event is for.
subject
The subject of a relationship between 2 agents. For example, if Mary is a member of a group, then Mary is the subject.
object
The object of a relationship between 2 agents. For example, if Mary is a member of a group, then the group is the object.
relationship
The role of an economic relationship that exists between 2 agents, such as member, trading partner.
in scope of
In the context of an agent, a grouping generally used for accounting, reporting.
triggered by
References an economic event that implied the claim, often based on a prior agreement.
corrects
Used when an event was entered incorrectly and needs to be backed out or corrected. (The initial event cannot be changed.)
settles
References a claim that is fully or partially settled by the economic event.
contained in
Used when a stock economic resource contains units also defined as economic resources.
primary accountable
The agent currently with primary rights and responsibilites for the economic resource. It is the agent that is associated with the accountingQuantity of the economic resource.
has beginning
The planned or actual beginning of a flow or process.
has end
The planned or actual end of a flow or process.
has point in time
The planned or actual time of a flow; can be used instead of hasBeginning and hasEnd, if so, hasBeginning and hasEnd should be able to be returned with this value.
has duration
The temporal extent of the process or scenario.
due
The time something is expected to be complete.
has numerical value
A numeric amount.
has unit
A standard unit of measure.
om unit identifier
The unique identifier of the om unit of measure, for standardization across networks.
label
The display label defined in om for the unit of measure.
symbol
The display symbol defined in om for the unit of measure.
override label
An optional network override label to display for units of measure if the original is less appropriate.
override symbol
An optional network override symbol to display for units of measure if the original is less appropriate.
accounting quantity
The current amount and unit of the economic resource for which the agent has primary rights and responsibilities, sometimes thought of as ownership. This can be either stored or derived from economic events affecting the resource.
onhand quantity
The current amount and unit of the economic resource which is under direct control of the agent. It may be more or less than the accounting quantity. This can be either stored or derived from economic events affecting the resource.
resource quantity
The amount and unit of the economic resource counted or inventoried.
effort quantity
The amount and unit of the work or use or citation effort-based action. This is often expressed with a time unit, but also could be cycle counts or other measures of effort or usefulness.
available quantity
The amount and unit of the offered resource currently available.
minimum quantity
The minimum required order amount and unit of the offered resource.
unit based
This group of commitments contains unit based quantities, which can be multipied to create commitments; commonly seen in a price list or e-commerce. Default false.
purpose
The type of proposal, offer or request.
created
The date, and time if desired, the information was agreed to or recorded.
The WGS84 longitude of a spatial thing (decimal degrees).
The WGS84 latitude of a spatial thing (decimal degrees).
The WGS84 altitude of a spatial thing (decimal meters above the local reference ellipsoid)
mappable address
A textual address that can be mapped using mapping software.
currency address
A spatial geometry of any complexity and tooling supported by geosparql.
current location
The current physical location of an economic resource. Could be at any level of granularity, from a town to an address to a warehouse location. Usually mappable.
current virtual location
The current virtual place a digital economic resource is located. Usually used for documents, code, or other electronic resource.
current currency location
The current virtual place a currency economic resource is located, for example the address for a bank account, crypto wallet, etc., in a domain standard format.
primary location
The main place an agent is located, often an address where activities occur and mail can be sent. This is usually a mappable geographic location.
eligible location
Location or area where the proposal is valid.
to location
The new location of the receiver resource.
image
The uri to an image relevant to the entity, such as a logo, avatar, photo, diagram, etc.
image list
A comma separated list of uri addresses to images relevant to the resource.
name
An informal or formal textual identifier for an object. Does not imply uniqueness.
note
Any useful textual information related to the item.
tracking identifier
Any identifier used to track the resource, such as a serial number or VIN or lot/batch identifier.
fulfills
The commitment which is completely or partially fulfilled by an economic event.
satisfies
An intent satisfied fully or partially by an economic event or commitment.
publishes
The primary intent(s) of this published proposal. Would be used in intent matching.
reciprocal
The reciprocal intent(s) of this published proposal. Not meant to be used for intent matching.
published to
The agent(s) to which the scenario is published.
proposed to
The agent(s) to which the proposal or proposal list is published.
listed in
This proposal is part of a list of proposals.
lists
All the proposals included in this proposal list.
finished
The commitment or intent or process is complete or not. This is irrespective of if the original goal has been met, and indicates that no more will be done. Default false.
substitutable
Defines if any resource of that type can be freely substituted for any other resource of that type when used, consumed, traded, etc.
unit of effort
The unit used for use or work or sometimes cite actions.
default unit of effort
The default unit used for use or work.
default unit of resource
The default unit used for the resource itself.
based on
The definition or standard specification for a process.
classified as
References one or more uri's for a concept in a common taxonomy or other classification scheme for purposes of categorization or grouping; or can be one or more string classifications.
resource classified as
process classified as
process conforms to
The standard specification or definition of a process.
resource conforms to
The primary resource specification or definition of an existing or potential economic resource. A resource will have only one, as this specifies exactly what the resource is.
conforms to
The primary resource knowledge specification or definition of an existing or potential resource.
stage
The required stage of the desired input economic resource. References the ProcessSpecification of the last process the economic resource went through.
state
The required state of the desired input economic resource, after coming out of a test or review process.
refinement of
This scenario or plan refines another scenario, often as time moves closer or for more detail.
nested in
The process with its inputs and outputs, or intent, is part of the scenario.
scenario includes
The processes and and/or intents that constitute the plan.
defined as
The scenario definition for this scenario, for example yearly budget.
clause of
This commitment is a primary part of the agreement.
reciprocal clause of
This commitment is a reciprocal part of the agreement.
stipulates
All the primary commitments that constitute the agreement.
stipulates reciprocal
All the reciprocal commitments that constitute the agreement.
realization of
This non-reciprocal economic event occurs as part of this agreement.
realizes
All the non-reciprocal economic events (with or without commitments) that realize the agreement.
reciprocal realization of
This reciprocal economic event occurs as part of this agreement.
realizes reciprocal
All the reciprocal economic events (with or without commitments) that realize the agreement.
bundled in
This agreement is bundled with other agreements.
bundles
All the agreements included in this agreement bundle.
rules
The rules or contract that govern this agreement.
role label
The human readable name of the role, inverse from the object to the subject. For example, 'is member of'.
inverse role label
The human readable name of the role, inverse from the object to the subject. For example, 'has member'.
Denotes if a process input or output, or not related to a process.
input/output
The action that usually affects the same resource as a complement in the same flow.
pairs with
can create resource
The event quantity applicable is resource quantity, effort quantity, or both.
event quantity
The increment and/or decrement effect the action will have on the accounting quantity of an inventoried resource.
accounting effect
The increment and/or decrement effect the action will have on the onhand quantity of an inventoried resource.
onhand effect
This action can update the current location of an inventoried resource.
location effect
The contained in resource should be updated or removed.
contained effect
The primaryAccountable should be updated to the event receiver, or not.
accountable effect
The stage of the inventoried resource should be updated, or not.
stage effect
The state of the from or to inventoried resource should be updated, or not.
state effect
In processes like repair or modification or testing, the same resource will appear in the output.
accept
A resource is combined with other resources into a container resource.
combine
For example an ingredient or component composed into the output, after the process the ingredient is gone.
consume
For example a design file, neither used nor consumed, the file remains available at all times.
cite
Create a new version of the resource, without any change to the original.
copy
New service produced and delivered (a service implies that an agent actively receives the service).
deliver service
Transported resource or person leaves the process; the same resource or person appeared in the input.
dropoff
Adjusts a quantity down based on a beginning balance or inventory count.
lower
In processes like repair or modification, the same resource will appear in the input.
modify
Change location and possibly identifier, if location is part of the identification, of a resource with no change of agent rights or possession.
move
Transported resource or person enters the process; the same resource will appear in the output.
pickup
New resource was created in that process or an existing stock resource was added to.
produce
Adjusts a quantity up based on a beginning balance or inventory count.
raise
A resource is removed from a container resource.
unpack
Give full (in the human realm) rights and responsibilities to another agent, without transferring physical custody.
transfer all rights
Give full rights and responsibilities plus physical custody.
transfer
Give physical custody and control of a resource, without full accounting or ownership rights.
transfer custody
For example a tool used in process; after the process, the tool still exists.
use
Labor power applied to a process.
work
The effect is to subtract from the inventoried resource accounting or onhand quantity.
decrement
The effect is to subtract from the 'from' inventoried resource, and add to the 'to' inventoried resource, accounting or onhand quantity.
decrement/increment
The effect is to add to the inventoried resource accounting or onhand quantity.
increment
The effect is to add to the to (receiver) inventoried resource accounting or onhand quantity.
increment to
The effect is to update the resource in the specified property.
update
The effect is to update the to resource in the specified property.
The effect is to remove or nullify the specified property from the resource.
remove
The effect applies for a new resource created by the event.
This kind of flow can be an input to a process.
input
This kind of flow can be an output to a process.
output
This kind of flow can be an output to a process, and at the same time an input to another process.
output input
This event uses resourceQuantity.
resource
This event uses effortQuantity.
effort
This event can use resourceQuantity and effortQuantity.
both
This kind of flow gives the user the option to create a new resource using resourceInventoriedAs.
optional
This kind of flow gives the user the option to create a new resource using toResourceInventoriedAs.
optional to
This property is not applicable to this kind of flow.
not applicable
The proposal is an offer.
offer
The proposal is a published request, need, want.
request