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

Which of the following definitions best describes 'collateralized loan'?

A. secured loan that is secured with cash or other acceptable collateral (real property, securities or other assets) provided by the borrower as specified in the collateral agreement
B. loan in which the borrower pledges some asset via a security agreement as collateral for the loan, or that is secured via third-party guarantee
C. loan that is secured with respect to repayment of principal and interest by guaranty
D. loan granted based on the strength of the borrower's credit history or reputation in the community

Answer: secured loan that is secured with cash or other acceptable collateral (real property, securities or other assets) provided by the borrower as specified in the collateral agreement