collateralized debt obligations

English - Turkish

Definition of collateralized debt obligations in English Turkish dictionary
collateralized debt obligation: (Ekonomi) Teminatlandırılmış Borç Yükümlülükleri (TBY)

English - English

Definition of collateralized debt obligations in English English dictionary: plural form of collateralized debt obligation
collateralized debt obligation: a type of asset-backed security and structured credit product constructed from a portfolio of fixed-income assets
Collateralized debt obligation: (Ekonomi) cdo
collateralized debt obligation: (Ekonomi) Collateralized debt obligations (CDOs) are a type of structured asset-backed security (ABS) whose value and payments are derived from a portfolio of fixed-income underlying assets. CDOs securities are split into different risk classes, or tranches, whereby "senior" tranches are considered the safest securities. Interest and principal payments are made in order of seniority, so that junior tranches offer higher coupon payments (and interest rates) or lower prices to compensate for additional default risk