Collateralized Debt Obligation (CDO)
By CoinGecko | Updated on Aug 13, 2021
A collateralized debt obligation (CDO) is a form of derivative in which the value is generated from another underlying asset, and is sold to institutional investors. CDOs are often made up of several loans that have been bundled together and sold in the market by the lender.
Related Terms
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
Proof of Stake (PoS)
A consensus algorthm that assigns block validation queue based on the coins/token locked in by the validator.
STO
Security Token Offering (STO) refers to a public offering for tokenized digital securities, or in short security tokens traded in cryptocurrency exchanges.
Mnemonics
Mnemonics are memory aids with a system such as letters or associations that help in recall. *see Mnemonic Phrase.
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