collateralized debt obligation
(redirected from Collateralized Debt Obligations)Also found in: Financial.
Related to Collateralized Debt Obligations: Credit default swap, Collateralized Loan Obligations
col·lat·er·a·lized debt obligation
(kə-lăt′ər-ə-līzd′)n. Abbr. CDO
A financial security collateralized by a portfolio of bonds, loans, or swaps of different maturities and credit quality and issued in tranches representing the order in which losses from the portfolio are distributed.
collateralized debt obligation
n
(Banking & Finance) a debt security collateralized by a number of debt obligations including loans and bonds of different credit quality and maturity. Abbreviation: CDO