Definition:
Collateralized Debt Obligation (CDO)
Back to Finance Glossary | Previous Page
A collateralized debt obligation, or CDO, is a general term that describes debt securities which are backed by pools of other assets.Collateralized debt obligations include collateralized bond obligations, collateralized loan obligations and collateralized mortgage obligations.
CDOs became infamous during the housing market crash and financial crisis of 2007 and 2008. The use of CDOs in the secondary mortgage market is often sited as one of the reasons the housing market became so inflated.
Latest Articles Related to Collateralized Debt Obligation (CDO)
June 08, 2010 | Carl Smith
Back to Finance Glossary | Previous Page
This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.
