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

Which of the following definitions best describes 'deposit account'?

A. any deposit account that is not explicitly considered a transaction account
B. account that provides a record of deposits of funds and/or securities held at a financial institution
C. deposit account from which the depositor / account holder is permitted to make transfers or withdrawals by negotiable / transferable instruments, payment orders of withdrawal, telephone transfers, and so forth, and that may be accessible via an electronic device such as an automated teller machine (ATM), remote service unit (RSU), mobile device, and by debit card
D. account that provides a record of money placed with a depository institution for safekeeping and management

Answer: account that provides a record of money placed with a depository institution for safekeeping and management