Meaning of Collateralized debt obligations (CDOs)

How we at Bookkeeping Support Define the Meaning of Collateralized debt obligations (CDOs):

Securities backed by a group of debt obligations are known as CDOs.

How AI Define the Meaning of Collateralized debt obligations (CDOs):

Collateralized debt obligations (CDOs): Securities that are collateralized by a pool of debt securities, such as bonds, loans, or mortgage-backed securities.

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