Collateralized loan obligations (CLOs) are a form of securitization where payments from multiple middle sized and large business loans are pooled together and passed on to different classes of owners in various tranches. A CLO is a type of collateralized debt obligation. ==Leveraging== Each class of owner may receive larger yields in exchange for ...
Found on
http://en.wikipedia.org/wiki/Collateralized_loan_obligation
Is similar in structure to the Collateralized Mortgage Obligation. See Collateralized Mortgage Obligation for analogous terms.
Found on
http://www.oasismanagement.com/glossary/
No exact match found.
