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
Block
In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size.
Decentralized Autonomous Organization (DAO)
Open source and decentralized systems that do not require centralized operators or controllers.
Mining
It is the process of the miners verify and adding transaction recors into a block.
Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
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