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Meaning of collateralized loan obligation | Babel Free

Noun CEFR C1

Definitions

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

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

Collaterally collateralness collaterogenesis Collates Collating Collation

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