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

Which of the following definitions best describes 'packaged financial product'?

A. contractual product that is finalized through specification of values for parameters defined in a template
B. sequence of characters identifying a financial transaction uniquely whenever useful and agreed by the parties or community involved in the transaction
C. sequence of characters uniquely identifying a financial instrument for some purpose and within a specified context
D. financial product that acts as a container for at least one financial instrument, including other financial products, and whose value is derived from, or based on a reference asset, market measure, or investment strategy

Answer: financial product that acts as a container for at least one financial instrument, including other financial products, and whose value is derived from, or based on a reference asset, market measure, or investment strategy