Which one of these definitions is correct?

Question

Quizplus · Accepted Answer

A call provision is an issuer's right to repurchase a bond prior to maturity. This allows the issuer to take advantage of lower interest rates, but can be disadvantageous for the bondholder who loses the opportunity for future interest payments.

Note: None of the other definitions are correct. A negative covenant is actually a "thou shalt not" agreement, a premium bond sells for more than face value, a dirty price includes accrued interest, and unfunded debt refers to debt that has not yet been issued.

Which One of These Definitions Is Correct