collateralized debt obligation
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Q: Can you explain, in 25 words, what a synthetic collateralized debt obligation is?
From Washington Post ● Dec. 22, 2015
The selling of a synthetic collateralized debt obligation is nearly impossible to convey on screen.
From New York Times ● Dec. 19, 2013
He also acted as lead counsel in seeking court approval of a $285 million settlement with Citigroup Inc, which the SEC accused of misleading investors in the sale of a $1 billion collateralized debt obligation.
From Reuters ● Aug. 4, 2013
The SEC also said Tourre misled ACA Capital Holdings, the company brought in to select assets linked to Abacus, into believing Paulson would be an equity investor in the $2 billion synthetic collateralized debt obligation offering.
From Washington Post ● Jul. 30, 2013
In the process, Goldman Sachs created a security so opaque and complex that it would remain forever misunderstood by investors and rating agencies: the synthetic subprime mortgage bond–backed CDO, or collateralized debt obligation.
From "The Big Short" by Michael Lewis
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
