SECURITIZATION
CLO
A structured vehicle backed primarily by a portfolio of leveraged loans.
What does it stand for?
Collateralized Loan Obligation
What it means
A structured vehicle backed primarily by a portfolio of leveraged loans.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Acronyms
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.