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

Which of the following definitions best describes 'interest payment'?

A. time of day that an interest rate is reset, as indicated by some interest rate authority or market data provider
B. event reflecting the actual payment of interest
C. event reflecting the actual payment of some amount of the principal of a debt
D. amortization in which the very last payment the last payment due may be a large balloon payment of all remaining principal and interest

Answer: event reflecting the actual payment of interest