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collateralized debt obligation (CDO)

collateralized debt obligation (CDO) definition - business

collateralized debt obligation (CDO)

A debt security collateralized by a variety of debt obligations, including bonds and loans of different maturities and credit quality.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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