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

Which of the following definitions best describes 'call on intermediate securities'?

A. corporate action that involves a dividend payment whereby holders can keep cash or have the cash reinvested into additional shares in the issuing company
B. corporate action that involves a call or exercise on nil paid securities or intermediate securities resulting from an intermediate securities distribution (RHDI)
C. corporate action that involves distribution of a dividend to shareholders with a choice of benefit to receive
D. corporate action that pays shareholders an amount in cash issued from the shares premium reserve

Answer: corporate action that involves a call or exercise on nil paid securities or intermediate securities resulting from an intermediate securities distribution (RHDI)