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

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

A. ISO 15022 classifier for corporate actions in which security holders are awarded additional assets free of payment from the issuer in proportion to their holding
B. ISO 15022 classifier for corporate actions that involve a requirement for holders or beneficial owners to disclose their name, location and holdings of any issue to the issuer
C. ISO 15022 classifier for corporate actions involving information provided by the issuer having no accounting/financial impact on the holder
D. ISO 15022 classifier for corporate actions involving the distribution of intermediate securities or privilege that gives the holder the right to take part in a future event

Answer: ISO 15022 classifier for corporate actions involving information provided by the issuer having no accounting/financial impact on the holder