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e-lub [12.9K]
3 years ago
13

What does C.L.O stands for?

Computers and Technology
2 answers:
Anton [14]3 years ago
7 0

It means collateralized loan obligation

Ray Of Light [21]3 years ago
4 0

It stands for 'collateralized loan obligation'

Meaning,
A collateralized loan obligation (CLO) is a security backed by a pool of debt, often low-rated corporate loans.

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