CDO squared

Noun

Meaning

CDO squared (plural CDO squareds)

Alternative form of CDO-squared

CDO-squared (plural CDO-squareds)

(finance) A type of CDO (collateralized debt obligation) that invests in other CDOs.

Alternative names

CDO-squared

Examples

As CDOs developed, some sponsors repackaged tranches into yet another iteration called " CDO-Squared " or the "CDOs of CDOs". Source: Internet

Close letter words and terms