collateralized debt obligation
Save This Word!
noun
a debt security collateralized by a number of debt obligations including loans and bonds of different credit quality and maturityAbbreviation: CDO
QUIZ
WILL YOU SAIL OR STUMBLE ON THESE GRAMMAR QUESTIONS?
Smoothly step over to these common grammar mistakes that trip many people up. Good luck!
Question 1 of 7
Fill in the blank: I can’t figure out _____ gave me this gift.
Words nearby collateralized debt obligation
collated, collateral, collateral circulation, collateral damage, collateralize, collateralized debt obligation, collation, collative, collator, colleague, colleagues
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012