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

Which of the following definitions best describes 'agency jump tranche'?

A. A tranche that does not receive payments while other tranches remain.
B. A Jump Z tranche is like a Z tranche but if there is some sort of trigger event reached then the holders of the Jump Z tranche will begin to receive payments. Regular non-Sticky Jump Z tranches maintain their changed status only while the trigger event is in effect, and revert to their old payment status once the trigger event has passed.
C. A tranche where if there is some sort of trigger event reached then the holders of the tranche will begin to receive payments.
D. Principal Only tranche. This tranche will only pay principal.

Answer: A tranche where if there is some sort of trigger event reached then the holders of the tranche will begin to receive payments.