Which of the following best describes the definition of a debt security?
a. Securities that represent the right of the holder to receive from the issuer a principal amount at a specified future date and to receive interest as payment for providing use of funds
b. Securities that represent the right of the issuer to receive from the holder a principal amount at a specified future date and to receive interest as payment for providing use of funds
c. Securities that represent the right of the holder to pay from the issuer a principal amount at a specified future date and to pay interest as payment for providing use of funds.
d. Securities that represent the right of the holder to receive from the issuer a principal amount at a specified future date and no right to receive interest as payment for providing use of funds.