diff --git a/src/cco-modules/EventOntology.ttl b/src/cco-modules/EventOntology.ttl
index f3fa018..0e304b6 100644
--- a/src/cco-modules/EventOntology.ttl
+++ b/src/cco-modules/EventOntology.ttl
@@ -19,49 +19,6 @@
                                                                             rdfs:label "Event Ontology"@en ;
                                                                             owl:versionInfo "Version 2.0"@en .
 
-#################################################################
-#    Annotation properties
-#################################################################
-
-###  http://purl.org/dc/terms/rights
-dcterms:rights rdf:type owl:AnnotationProperty .
-
-
-###  https://www.commoncoreontologies.org/ont00001753
-cco:ont00001753 rdf:type owl:AnnotationProperty .
-
-
-###  https://www.commoncoreontologies.org/ont00001754
-cco:ont00001754 rdf:type owl:AnnotationProperty .
-
-
-###  https://www.commoncoreontologies.org/ont00001760
-cco:ont00001760 rdf:type owl:AnnotationProperty .
-
-
-#################################################################
-#    Object Properties
-#################################################################
-
-###  https://www.commoncoreontologies.org/ont00001777
-cco:ont00001777 rdf:type owl:ObjectProperty .
-
-
-###  https://www.commoncoreontologies.org/ont00001803
-cco:ont00001803 rdf:type owl:ObjectProperty .
-
-
-###  https://www.commoncoreontologies.org/ont00001819
-cco:ont00001819 rdf:type owl:ObjectProperty .
-
-
-###  https://www.commoncoreontologies.org/ont00001857
-cco:ont00001857 rdf:type owl:ObjectProperty .
-
-
-###  https://www.commoncoreontologies.org/ont00001936
-cco:ont00001936 rdf:type owl:ObjectProperty .
-
 
 #################################################################
 #    Classes
@@ -774,7 +731,7 @@ cco:ont00000320 rdf:type owl:Class ;
 cco:ont00000322 rdf:type owl:Class ;
                  rdfs:subClassOf cco:ont00000836 ;
                  rdfs:label "Act of Funding"@en ;
-                 skos:definition "An Act of Financial Instrument Use in which an Agent provides a sum of money to another Agent for a particular purpose."@en ;
+                 skos:definition "An Act of Financial Instrument Use in which an Agent (the Funder) provides some Financial Instrument to another Agent (the recipient of the funds) as a resource pool that is earmarked by the Funder for a future transaction."@en ;
                  cco:ont00001760 "https://www.commoncoreontologies.org/EventOntology"^^xsd:anyURI .