collateralized debt obligations

Tag: collateralized debt obligations

Collateralized Debt Obligations

See Also: Letter of Credit Investment Banks Double Entry Bookkeeping Current Expenditures Accounts Payable Collateralized Debt Obligations Definition A collateralized debt obligation derivative, or CDO, is an investment grade debt instrument backed by collateral consisting of loans or other debt instruments. The collateral typically consists of bonds with varying degrees of credit quality and risk.

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