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

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

A. ISO 15022 classifier for corporate actions in which an offer is made to existing shareholders by the issuing company to repurchase equity or other securities convertible into equity
B. ISO 15022 classifier for corporate actions that disseminate information regarding a change further described in the corporate action details
C. ISO 15022 classifier for corporate actions involving a situation where interested parties seek restitution for financial loss
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 in which an offer is made to existing shareholders by the issuing company to repurchase equity or other securities convertible into equity