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CLO |
Also found in: Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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CLO Collateralized Loan Obligation An asset-backed security backed by the receivables on loans. Banks package and sell their receivables on loans to investors in order to reduce the risk coming from loan defaults. Returns on CLOs are paid in tranches; that is, the individual loans backing a CLO have different maturities, and investors are paid out as each matures. Banks offer higher interest rates to investors willing to buy CLOs backed by higher-risk loans. From a bank's perspective, in addition to reducing risk, CLOs also reduce their capital requirements by raising funds through the issue of CLOs. See also: Collateralized mortgage obligation. computerized loan origination (CLO) A computerized network of major lenders that uses artificial intelligence to evaluate loan application data entered online by agents and determine loan eligibility and terms.HUD has approved the procedure as long as there is full disclosure of the fee,multiple lenders are displayed on the screen to give borrowers freedom of choice,and the fee charged is a dollar amount rather than a percentage of the loan. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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CCPF I utilizes a traditional CLO structure including AAA, AA and BBB rated liabilities. Chicago, IL), the publisher of Certification Magazine and IT Contractor, will begin the publication of CLO (Chief Learning Officer) with an issue in September. The potential hitch in this hypothesis was the general rarity of atmospheric ClO molecules. |
CLO |
CLNC CLND CLNE CLNET CLNG CLNGG CLNH CLNHA CLNI CLNIP CLNJ CLNLP CLNM CLNN CLNOM CLNP CLNP CLNR CLNS CLNT CLNTA CLNTU CLNW CLNWR CLNY CLO CLO testCLO/LO CLOA CLOAC cloaca cloaca cloaca cloaca Cloaca (embryology) cloaca exstrophy cloaca exstrophy cloaca exstrophy Cloaca Maxima cloacae cloacae cloacae cloacae cloacal cloacal cloacal cloacal cloacal bladder cloacal bursa cloacal bursa cloacal bursa cloacal bursa Cloacal exstrophy Cloacal exstrophy Cloacal exstrophy cloacal fold | ||||||||
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