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collateralized mortgage obligation

type of debt security backed by mortgages

en-GB/kəlætəɹəlaɪzd ˈmɔːɡɪd͡ʒ ˌɒblɪˈɡeɪʃn/
en-US/kəˈlædɚəˌlaɪzd ˈmɔɹɡəd͡ʒ ˌɑbləˈɡʌʃən/

Categories:

mortgage-backed security