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Butterball
Computers & Technology
13 December, 17:34
What does C. L. O stands for?
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Tommy Harrington
13 December, 17:38
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It means collateralized loan obligation
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Jessica Espinoza
13 December, 18:03
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It stands for 'collateralized loan obligation'
Meaning,
A collateralized loan obligation (CLO) is a security backed by a pool of debt, often low-rated corporate loans.
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