Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “collateralized debt obligations”

collateralized debt obligations

noun [plural]     ( abbreviation CDOs)
FINANCE combinations of bonds and other assets with different levels of risk that are put together to create new investments : The company manages collateralized debt obligations , pools of assets like mortgages and other loans .
(Definition of collateralized debt obligations noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of collateralized debt obligations

Word of the Day

prenuptial agreement

an official document signed by two people before they get married that says what will happen to their possessions and/or children if they divorce (= officially stop being married)

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More