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

Which of the following definitions best describes 'payment history'?

A. collateral agreement that grants a financial interest in some collateral to a party that is not an owner of that collateral, specifying terms including relative duties and rights, over and above those specified in the primary contract, uregarding the disposition of the asset used as collateral
B. credit agreement that may be extended up to an agreed credit limit and paid down at any time within the period of the line, if any, and on which interest is charged only on the outstanding balance
C. party that signs a borrower's promissory note, providing additional security and potentially improving the quality of the debt
D. record of actual payments of principal, interest, and other related amounts made by a borrower to a lender or servicer in order to fulfill their re-payment obligation

Answer: record of actual payments of principal, interest, and other related amounts made by a borrower to a lender or servicer in order to fulfill their re-payment obligation