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

Which of the following definitions best describes 'tranched m b s prospectus outline'?

A. The draft prospectus for a tranched Mortgage Backed Securities issue, as determined by the issuing entity prior to marketing the issue. Certain terms in the draft prospectus will be finalized later in the issuance process to become the actual Prospectus. Term origin:MBS PoC Reviews
B. One set of information defining the notes breakdown of one tranche. Covers denominations and amounts that you can byu of the instrument in this tranche. Q: Is this really defined in the prospectus? A: yes The prospectus lists the characteristics including e.g. "The notes will be sold in denominations of X AND Increuemtns of Y e.g. $250 000 incremented by $1000. Parameters include: Denominations Minimum amounts what else? Term origin:MBS PoC Reviews
C. The draft prospectus for a pass through Mortgage Backed Securities issue, as determined by the issuing agency prior to marketing the issue. Certain terms in the draft prospectus will be finalized later in the issuance process to become the actual Prospectus. Term origin:MBS PoC Reviews
D. An outline of the tranched prospectus, provind an intial representation of the possible tranches and their features. Term origin:MBS PoC Reviews

Answer: An outline of the tranched prospectus, provind an intial representation of the possible tranches and their features. Term origin:MBS PoC Reviews