collateralized debt obligation


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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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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References in periodicals archive ?
Surplus Notes and Insurance Trust-Preferred CDOs: Surplus notes and trust-preferred CDOs (collateralized debt obligations) provide another funding source for small and midsize insurance companies that find it costly to issue capital on their own.
Technavio's report, Global Collateralized Debt Obligation (CDO) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts.
The following companies are key players in the global collateralized debt obligation market (CDO): Bank of America, Citigroup, Goldman Sachs, and JPMorgan Chase.
In a filing in New York on Monday, Paulson said it "made no misrepresentations" to ACA Financial Guaranty about the collateralized debt obligation known as Abacus.
to launch two new financial instruments; the Net Life Life Collateralized Mortgage Obligation (LCMO) and the Net Life Life Collateralized Debt Obligation (LCDO) products.
MSUSA terminated its collateralized debt obligation structuring unit in 2007, "and the firm is no longer engaged in the CDO business," Mizuho Securities said in a statement.
C-III Capital Partners LLC, New York, acquired special servicing and collateralized debt obligation (CDO) management businesses from JER Partners, McLean, Virginia, a private real estate investment management company.
They cover the basics of credit risk management, modeling correlated defaults, asset value models, the CreditRisk+ model, risk measures and capital allocation, the term structure of default probability, credit derivatives, and collateralized debt obligation. The first edition was published in 2002, and this second takes account of problems in the banking industry 2007-09.
In its complaint, the SEC alleged the investment firm misled investors about a collateralized debt obligation that depended on the performance of subprime residential mortgage-backed securities.
The bank won dismissal of bond insurer ACA Financial Guaranty Corp.'s fraud lawsuit over a collateralized debt obligation known as Abacus.
Sarasota County filed suit in 2010, alleging that Wachovia was negligent when it invested county funds in Lehman Brothers bonds and a complex "collateralized debt obligation" issued by Altius Funding.
Regulators say hedge fund Paulson & Co., played a part in the portfolio selection process of subprime mortgage backed securities that were a part of a collateralized debt obligation marketed to customers.