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
Control by a Particular Entity. The definition defines assets in relation to specific entities. An asset is an asset of some entity. No asset can simultaneously be an asset of more than one entity, although some physical assets may provide future economic benefits to two or more entities at the same time.ll of those sections are part of the definition of assets. The definition of assets is in Concept Statement 6, paragraph 25 : Assets are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.