NO.PZ2023052301000082
问题如下：
For an issuer, which of the following outcomes is most likely afteroffering a credit card ABS?
选项：
A.
Increased cost of funding
B.
Increased income from fees
C.
Increased cost of default risk
解释：
The correct answer is B. A credit card ABS generates additional fee income.
A is incorrect because by removing the credit card debt from the balance sheet, ABS issuance improves capital efficiency and lowers the cost of funding.
C is incorrect as the ABS also reduces the cost of default risk from credit card debt.
这个词我没查到意思，能解释一下吗