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CDO

It stands for collateralized debt obligation; an investment-grade bond that is backed by a pool of variously-rated debt obligations including...

Collateralized Debt Obligation

An investment-grade bond that is backed by a pool of variously-rated debt obligations including government and corporate bonds, loans, and...

Collateral

A borrower's pledge of a property/ assets to a lender or creditor in order to secure repayment of a loan...

Constructive Obligation

A liability (financial obligation) that arises from an entity's actions and the others' expectations built on such actions where the...