Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'currency spot mid rate'?

A. indicative spot selling market rate as observed by the reporting source
B. rate at which one currency may be exchanged for another for immediate delivery
C. indicative spot buying market rate as observed by the reporting source
D. indicative middle market (mean of spot buying and selling) rate as observed by the reporting source

Answer: indicative middle market (mean of spot buying and selling) rate as observed by the reporting source