请输入您要查询的单词:

 

单词 CDO-cubed
释义

CDO-cubed

English

Alternative forms

  • CDO cubed

Noun

CDO-cubed (plural CDO-cubeds)

  1. (finance) A type of CDO (collateralized debt obligation) that invests in CDO-squareds.
    • 2005, Jan Job de Vries Robbé and Paul U. Ali, Securitisation of Derivatives and Alternative Asset Classes: Yearbook 2005, Kluwer Law International, page 41:
      Given the number of CDO Squared transactions in the marketplace, and the continued narrowing of corporate spreads, the emergence of CDO Cubed could be regarded as almost inevitable.
    • 2009, Les Leopold, The Looting of America: How Wall Street's Game of Fantasy Finance Destroyed our Jobs, Pensions, and Prosperity and What We Can Do About It, Chelsea Green Publishing, page 92:
      But what if you can't sell all the bottom tranches of the CDO-squared securities? You guessed it. You form another pool of those untouchablescalled a CDO cubedand tranche away again.
    • 2012, Oonagh McDonald, Fannie Mae & Freddie Mac: Turning the American Dream into a Nightmare, Bloomsbury Academic, page 317:
      A CDO squared is a CDO that only uses other CDOs as collateral. The CDO cubed is a special purpose vehicle with securitization payments in the form of tranches. A CDO cubed is backed by CDO squared tranches, allowing the banks to resell the credit risk they had taken once again by repackaging their CDO-squared.
随便看

 

国际大辞典收录了7408809条英语、德语、日语等多语种在线翻译词条,基本涵盖了全部常用单词及词组的翻译及用法,是外语学习的有利工具。

 

Copyright © 2004-2023 idict.net All Rights Reserved
京ICP备2021023879号 更新时间:2024/7/12 5:08:06