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

Which of the following definitions best describes 'bond variable coupon'?

A. bond issued by a company in order to raise financing
B. variable interest rate that is based on a specific index or benchmark rate
C. bond coupon that has a variable interest rate
D. variable interest rate charged by a financial institution for borrowing that is not prescribed as a margin over base rate but is set from time to time by the institution

Answer: bond coupon that has a variable interest rate