Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'PRED'?

A. ISO 15022 classifier for corporate actions that involve redemption of securities in part before their scheduled final maturity date with no reduction in nominal value
B. ISO 15022 classifier for corporate actions that pay shareholders an amount in cash issued from the shares premium reserve
C. ISO 15022 classifier for corporate actions that distribute cash to shareholders in proportion to their equity holding
D. ISO 15022 classifier for corporate actions that offer holders the option to buy (call warrant) or to sell (put warrant) a specific amount of stock, cash, or commodity, at a predetermined price, during a predetermined period of time

Answer: ISO 15022 classifier for corporate actions that involve redemption of securities in part before their scheduled final maturity date with no reduction in nominal value