MDMI_ — page 3 section 4 "federated dictionary"

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A federated dictionary is a collection of multiple domains that shares definitions while retaining autonomy over the resources.
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A collection of physical Data Dictionaries, whereby each data dictionary contains Business and Message Elements that are relevant to a particular domain of the financial industry and whereby the collection of all Business and Message Elements represents a single logical data dictionary for the financial industry.
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clarification

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Please see the annotated Beta 2 with markup.
Disposition: Resolved