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Community: Investing Wiki

Term Of The Hour

CDO info: Original post by Lexa W. Lee of Demand Media A collateralized debt obligations (CDO) is an investment-grade security that pools together unrelated debt-instruments, such as bonds and loans, and then sells shares of it to investors. The collateral manager for a CDO is an independent party who acts as an administrator on behalf of the investors. His job is to optimize the performance of the CDO.

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