collateralized debt obligations Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “collateralized debt obligations” in the English Dictionary

"collateralized debt obligations" in Business English

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collateralized debt obligationsnoun [plural]

uk   us   ( abbreviation CDOs)
FINANCE combinations of ​bonds and other ​assets with different ​levels of ​risk that are put together to ​create new ​investments: The ​companymanages collateralized ​debtobligations, ​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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