collateralized debt obligations - definition in the Business English Dictionary - Cambridge Dictionaries Online

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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 from the Cambridge Business English Dictionary © Cambridge University Press)
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