collateralized debt obligations
noun[plural]
ukus(abbreviationCDOs)FINANCE
combinationsofbondsand otherassetswith differentlevelsofriskthat are put together tocreatenewinvestments:
Thecompanymanagescollateralizeddebtobligations,poolsofassetslikemortgagesand otherloans.
 This example is from Wikipedia and may be reused under a CC BY-SA license.
This example is from Wikipedia and may be reused under a CC BY-SA license.