CDO

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CDO

Collateralized Debt Obligation

An asset-backed security backed by the receivables on loans, bonds, or other debt. Banks package and sell their receivables on debt to investors in order to reduce the risk of loss due to default. Returns on CDOs are paid in tranches; that is, the individual loans backing each CDO have different levels of risk, and investors are paid out according to the level of risk they have acquired. Banks offer higher interest rates to investors willing to buy CDOs backed by higher-risk loans. From a bank's perspective, in addition to reducing risk, CDOs also reduce their capital requirements because they can raise funds through the issue of CDOs. While, theoretically, CDOs can be backed by mortgages, one usually refers to these as collateralized mortgage obligations.

CDO

References in periodicals archive ?
This year the lineup in New York includes CTOs and other senior engineering leaders from Google, Uber, WeWork, Squarespace, Rent the Runway, RainforestQA, Greenhouse, Brigade, Handshake, Wot.
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The person must provide informed consent to the CTO if competent.
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com/research/9b579a/the_best_powerpoin) has announced the addition of the "The Best PowerPoint Tips, Tricks & Techniques for CTOs - What Other CTOs Find Most Useful & What You Need to Know to be an Expert in 60 Minutes" audioconference to their offering.
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11, 2012 /PRNewswire/ -- The CTO Forum and Maxim Integrated Products, Inc.