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

Which of the following definitions best describes 'common share subscription right'?

A. subscription right entitling existing common convertible shareholders to subscribe to new securities at a price normally lower than the prevailing market price
B. subscription right entitling existing bond holders to subscribe to new securities at a price normally lower than the prevailing market price
C. subscription right entitling existing holders of multiple securities to subscribe to new securities at a price normally lower than the prevailing market price
D. subscription right entitling existing common shareholders to subscribe to new securities at a price normally lower than the prevailing market price

Answer: subscription right entitling existing common shareholders to subscribe to new securities at a price normally lower than the prevailing market price