Which definition is the correct definition of "risk-based financing"?
a. risk-based financing: if you don't like people, you charge them more.
b. risk-based financing: if a company thinks you are less likely to pay as you have agreed to pay, they charge you more.
c. risk-based financing: if you are an older person, they charge you more.
d. risk-based financing: is used when you are from a family of race-car drivers.