collateralized debt obligation(redirected from Collaterlized Loan Obligation)
Also found in: Financial.
Related to Collaterlized Loan Obligation: Collateralized debt obligation
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
(Banking & Finance) a debt security collateralized by a number of debt obligations including loans and bonds of different credit quality and maturity. Abbreviation: CDO