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

Which of the following definitions best describes 'bookrunner'?

A. national or regional financial institution designed to provide medium- and long-term capital for productive investment, often accompanied by technical assistance, in poor countries
B. financial institution (typically a commercial or investment bank) responsible for coordinating the arrangement, structuring, and marketing of the loan to potential lenders
C. financial institution that does not have a full banking license and typically is not supervised by a national or international banking regulatory agency
D. financial institution that acts as a fiduciary, trustee or agent of trusts and agencies

Answer: financial institution (typically a commercial or investment bank) responsible for coordinating the arrangement, structuring, and marketing of the loan to potential lenders