On October 10, 2012, Amanda Michelle Todd (November 27, 1996 â October 10, 2012),[4][5] a 15-year-old Canadian girl, committed suicide at her home in Port Coquitlam, British Columbia, Canada.
An asset-backed security is a security whose income payments and hence value are derived from and collateralized by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually. Pooling the assets into financial instruments allows them to be sold to general investors, a process called securitization, and allows the risk of investing in the underlying assets to be diversified because each security will represe
Derivative Security A financial security whose value is determined in part from the value and characteristics of another security. The other security is referred to as the underlying security.