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Kelly is doing research on the effect of birth order on personality. Rather than collecting data on a new set of subjects, she is analyzing hundreds of studies that have already been done on this topic and is going to attempt to come up with an overall estimate of what all these other studies have found. What sort of study is Kelly doing?
Ultimate Credit Risk
The risk of loss that occurs when an obligor (such as an issuer of a bond) defaults on its obligations, considering all measures of mitigation.
Asset-backed Securities
Financial securities collateralized by a pool of assets, such as loans, leases, credit card debt, royalties, or receivables.
Special Purpose Vehicle
A subsidiary company created to isolate financial risk, often utilized in securing assets and securitization transactions.
Convertible Bonds
Bonds issued by a corporation that can be converted into a predetermined number of shares of the corporation's stock at the bondholder's option.
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