Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'financial instrument'?

A. portion of a credit facility extended to the borrower for some purpose, possibly per some schedule specified in the facility
B. written contract related to another contract designed to provide clarity and additional protection for all parties involved, that is separate from the primary contract and that can be independently enforced
C. financial instrument representing an ownership interest in bulk goods, such as raw materials and primary agricultural products
D. written contract that gives rise to both a financial asset of one entity and a financial liability of another entity

Answer: written contract that gives rise to both a financial asset of one entity and a financial liability of another entity