A layer of loss absorption in a collateralized debt obligation (CDO) or any similar structures that is positioned between the...

A CDO tranche that constitutes the most senior tranche of a CDO (collateralized debt obligation) issue. Given its seniority as...

A synthetic CDO tranche in which the CDO investor doesn't pay the notional amount of the tranche at inception, that...

A single-tranche CDO (an exotic CDO product) with a premium starting at a pre-specified time in the future. It involves…

A layer of loss absorption in a collateralized debt obligation (CDO) or any similar structures that is exposed to lowest...

A layer of loss absorption in a collateralized debt obligation (CDO) or any similar structures that is positioned between the...

The fixed leg of a CDO tranche constitutes the regular payments that are proportional to the difference between the tranche...

The premium leg of a CDO tranche constitutes the regular payments that are proportional to the difference between the tranche...

It stands for forward-starting CDO; a single-tranche CDO (an exotic CDO product) with a premium starting at a pre-specified time...

A credit derivative (originally a collateralized debt obligation) whereby the credit risk on a reference portfolio is transferred between the...