Disbursement Response

Definition

Disbursement Response. Response by a holder to some choice of disbursement method, as offered by the issuer in some corporate action.

This is a generalization of a range of possible responses to offers by an issuer, which may be made in a number of Corporate Actions. Not all responses are available in all instances, and the Corporate Action notitification will generally define which actions are held out to the Holder for a specific action; also some action types by their nature will be constrained to a sub set of these kinds of response.

Note that this action (of choosing) is communicated to the Issuer by some message; the SWIFT terms for the messages are replicated here as kinds of Action which correspond to those. Hence the Action types and Message types are the same, and have the same origin in the SWIFT messages.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.