word
collateralized debt obligation
koh-LAT-er-ah-lyzd DET ob-lih-GAY-shun
kəˈlætərəlaɪzd dɛt ˌɒblɪˈɡeɪʃənListen
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Syllable breakdown
collateralizeddebtobligation
Dictionary meaning
structured finance product backed by a pool of loans, bonds, or other assets
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