Concept information
Terme préférentiel
collateralized loan obligations
Définition(s)
- A collateralized loan obligation (CLO) is a debt security, a promissory note, with a pool of commercial loans as its collateral. The backing of the promise of the borrower to repay the loan is guaranteed by debt instruments they own. [Source: Encyclopedia of Business in Today's World; Collateralized Loan Obligations]
Concept(s) générique(s)
Appartient au groupe
URI
http://data.loterre.fr/ark:/67375/N9J-C0J6WJSZ-S
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