Merge pull request #1547 from ElisaKendall/DER-100

FBC/FinancialInstruments/InstrumentPricing.rdf

@@ -85,11 +85,11 @@
 		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/AnnotationVocabulary/"/>
 		<owl:imports rdf:resource="https://www.omg.org/spec/LCC/Countries/CountryRepresentation/"/>
 		<owl:imports rdf:resource="https://www.omg.org/spec/LCC/Languages/LanguageRepresentation/"/>
-		<owl:versionIRI rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FBC/20210501/FinancialInstruments/InstrumentPricing/"/>
+		<owl:versionIRI rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FBC/20210601/FinancialInstruments/InstrumentPricing/"/>
 		<skos:changeNote>The https://spec.edmcouncil.org/fibo/ontology/FBC/20200601/FinancialInstruments/InstrumentPricing.rdf version of this ontology was modified to reflect the move of dated collection from arrangements to financial dates.</skos:changeNote>
 		<skos:changeNote>The https://spec.edmcouncil.org/fibo/ontology/FBC/20200701/FinancialInstruments/InstrumentPricing.rdf version of this ontology was modified to add trading day and trading session, to address ambiguity in some definitions, to add adjusted price and to create a more general hasLotSize property that can be used in various contexts.</skos:changeNote>
 		<skos:changeNote>The https://spec.edmcouncil.org/fibo/ontology/FBC/20201201/FinancialInstruments/InstrumentPricing.rdf version of this ontology was modified to replace a redundant concept, calculation formula with formula, add a general price determination class needed for options, add a restriction on SecurityPrice to point to the security, and add hasRoundLotSize.</skos:changeNote>
-		<skos:changeNote>The https://spec.edmcouncil.org/fibo/ontology/FBC/20210301/FinancialInstruments/InstrumentPricing.rdf version of this ontology was modified to change one of the subclasses of price determination method to a named individual and correct the definition of mean price determination. Note that there may be multiple individuals of type &apos;closing price determination method&apos;, depending on the exchange and other factors. Also revised the lot size properties to have a range of xsd:decimal to allow for fractional shares or number of elements.</skos:changeNote>
+		<skos:changeNote>The https://spec.edmcouncil.org/fibo/ontology/FBC/20210301/FinancialInstruments/InstrumentPricing.rdf version of this ontology was modified to change one of the subclasses of price determination method to a named individual and correct the definition of mean price determination. Note that there may be multiple individuals of type &apos;closing price determination method&apos;, depending on the exchange and other factors. Also revised the lot size properties to have a range of xsd:decimal to allow for fractional shares or number of elements, revised the explanatory note, and added examples.</skos:changeNote>
 		<fibo-fnd-utl-av:hasMaturityLevel rdf:resource="&fibo-fnd-utl-av;Release"/>
 	</owl:Ontology>
 
@@ -574,7 +574,8 @@
 		<rdfs:label xml:lang="en">has lot size</rdfs:label>
 		<rdfs:range rdf:resource="&xsd;decimal"/>
 		<skos:definition xml:lang="en">magnitude of an item (i.e., total quantity)</skos:definition>
-		<fibo-fnd-utl-av:explanatoryNote xml:lang="en">The lot size, referenced in offerings, listings, orders, and trades, typically refers to the number of shares or units. In options trading, lot size represents the total number of contracts contained in one derivative security.</fibo-fnd-utl-av:explanatoryNote>
+		<skos:example xml:lang="en">For example, with respect to corn, 5000 bushels is a typical contract size. For some oil commodities trades, 1000 barrels is considered a single contract. For equity options, the lot size is typically 100 shares of the underlying.</skos:example>
+		<fibo-fnd-utl-av:explanatoryNote xml:lang="en">The lot size, referenced in offerings, listings, orders, and trades, typically refers to the number of shares or units in a single contract.</fibo-fnd-utl-av:explanatoryNote>
 	</owl:DatatypeProperty>
 
 	<owl:ObjectProperty rdf:about="&fibo-fbc-fi-ip;hasPriceDeterminationMethod">