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

Which of the following definitions best describes 'non-negotiable security'?

A. security that is exempt from certain regulatory rules
B. financial instrument that provides the holder the privilege to subscribe to or to receive specific assets on terms specified
C. security that is not transferable to another party
D. financial instrument representing an ownership interest in an entity or pool of assets

Answer: security that is not transferable to another party