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

Which of the following definitions best describes 'mini-future certificate'?

A. barrier option that is not triggered until a certain price threshold is met
B. mini-future certificate that entitles the holder to acquire cash in exchange for specific underlying assets
C. mini-future certificate that immediately expires if the barrier underlying level is breached during product lifetime
D. entitlement that combines the structure of an open-end certificate with a leverage option with no fixed term, making leverage available without a term restriction, and whose payoff depends on whether or not the underlying asset has reached or exceeded a predetermined price

Answer: entitlement that combines the structure of an open-end certificate with a leverage option with no fixed term, making leverage available without a term restriction, and whose payoff depends on whether or not the underlying asset has reached or exceeded a predetermined price