A Fact Model is a static model which structures business knowledge about core business concepts and business operations. It is sometimes called a business entity model. The fact model focuses on the core business concepts (called terms), and the logical connections between them (called facts). The facts are typically verbs which describe how one term relates to another.
The example here shows the fact model relating the teams of vehicle insurance product: the policy holder, driver, policy, company and products
Posted by: Willie Gonzalez