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

Which of the following definitions best describes 'equity redemption provision'?

A. redemption provision that specifies the conditions under which the issuer or shareholder may redeem the shares
B. contract terms specifying when and how a security may be converted to another security (usually of the same issuer)
C. equity redemption provision that allows modification of the redemption date beyond the original specified date
D. position in an equity instrument

Answer: redemption provision that specifies the conditions under which the issuer or shareholder may redeem the shares