Specifically, it adds an address into the wallet.

Easy to test now thanks to https://github.com/bitcoin/bitcoin/pull/14410
```
diff --git a/test/functional/wallet_importmulti.py b/test/functional/wallet_importmulti.py
index 9ba6860..bff37b2 100755
--- a/test/functional/wallet_importmulti.py
+++ b/test/functional/wallet_importmulti.py
@@ -95,6 +95,7 @@ class ImportMultiTest(BitcoinTestFramework):
         assert_equal(address_assert['iswatchonly'], True)
         assert_equal(address_assert['ismine'], False)
         assert_equal(address_assert['timestamp'], timestamp)
+        assert_equal(address_assert['ischange'], True)
 
         # ScriptPubKey + internal + label
         self.log.info("Should not allow a label to be specified when internal is true")
```

if (!request.params[2].isNull())
        fRescan = request.params[2].get_bool();
    if (fRescan && fPruneMode)
        throw JSONRPCError(RPC_WALLET_ERROR, "Rescan is disabled in pruned mode");
    WalletRescanReserver reserver(pwallet);
    if (fRescan && !reserver.reserve()) {
        throw JSONRPCError(RPC_WALLET_ERROR, "Wallet is currently rescanning. Abort existing rescan or wait.");
    }
    if (!IsHex(request.params[0].get_str()))
        throw JSONRPCError(RPC_INVALID_ADDRESS_OR_KEY, "Pubkey must be a hex string");
    std::vector<unsigned char> data(ParseHex(request.params[0].get_str()));
    CPubKey pubKey(data.begin(), data.end());
    if (!pubKey.IsFullyValid())
        throw JSONRPCError(RPC_INVALID_ADDRESS_OR_KEY, "Pubkey is not a valid public key");
    {
        LOCK2(cs_main, pwallet->cs_wallet);
        for (const auto& dest : GetAllDestinationsForKey(pubKey)) {
            ImportAddress(pwallet, dest, strLabel);
        }
        ImportScript(pwallet, GetScriptForRawPubKey(pubKey), strLabel, false);
        pwallet->LearnAllRelatedScripts(pubKey);
    }
    if (fRescan)
    {
        RescanWallet(*pwallet, reserver);
        pwallet->ReacceptWalletTransactions();
    }
    return NullUniValue;
}
UniValue importwallet(const JSONRPCRequest& request)