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  1. collateralized debt obligation love

Definitions

Wiktionary

  1. n. finance a type of asset-backed security and structured credit product constructed from a portfolio of fixed-income assets.

Examples

  • “The Financial Times is reporting the investigation is looking at several deals banks structured for Magnetar, and whether Merrill told investors that Megnetar helped select the assets in the collateralized debt obligation and bet against the assets.”

    Forbes: SEC Eyes Merrill Lynch CDO

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‘collateralized debt obligation’ has been looked up 261 times, added to 2 lists, and is not a valid Scrabble word.