Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'rate improvement'?

A. a type of flexible loan where the interest rate may decrease based on payment history.
B. a loan in which the interest rate and payments remain the same for the life of the loan
C. a loan for which there are periodic payments/rate changes with additional specified principal and interest changes as documented in the Security Instruments.
D. a flexible payment loan where the payments increase for a specified period of time and then level off

Answer: a type of flexible loan where the interest rate may decrease based on payment history.