Glossary Term: COLLATERALIZED DEBT OBLIGATION (CDO)
Definition(s) for COLLATERALIZED DEBT OBLIGATION (CDO):
1. ) may refer to any of the following definitions: (1) A multi-tranche security with credit risk exposure to corporations. A securitization of corporate obligations. CDOs can be securitizations or re-securitizations of commercial loans, corporate bonds, other types of ABSs, residential MBSs, commercial MB (2) The term 'CDO' may be used to refer to the special purpose entity, SPV, that holds the securitized assets.
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Fund Letters
