CDO
Speech parts
1. CDO - Noun
2. CDO - Proper noun
Meaning
(finance) Initialism of collateralized debt obligation.
(military) Initialism of command duty officer.
CDO
(Philippines) Initialism of Cagayan de Oro.
Examples
The CDO was, in effect, a credit laundering service for the residents of Lower Middle Class America. For Wall Street it was a machine that turned lead into gold.
Additionally, many companies now call their top diversity leadership position the chief diversity officer (CDO).
As an example, a CDO might issue the following tranches in order of safeness: Senior AAA (sometimes known as "super senior"); Junior AAA; AA; A; BBB; Residual.
Also, Goldman Sachs allegedly lied to investors that Paulson & Co. was an equity investor in the CDO, convincing ACA that Paulson’s interests were also aligned.
As organizations today look to their data to power business opportunities, the role of the chief data officer (CDO) is becoming increasingly mission-critical.
Check out the ongoing and potential searches for high-yield, CDO and distressed debt managers.