{"iri":"http://lmss.sali.org/R1GBRcO79LXpE6nmo7BUgp","id":"R1GBRcO79LXpE6nmo7BUgp","label":"Collateralized Loan Obligation","definition":"A CLO is a type of structured finance instrument backed by a pool of loans. These loans are bundled together and then sliced into tranches with varying degrees of risk and reward, which are then sold to investors.","prefLabels":["Collateralized Debt Obligation"],"altLabels":["CDO","CLO"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RDt4vQCYDfY0R9fZ5FNnTbj","label":"Document / Artifact"},"parents":[{"iri":"http://lmss.sali.org/R7p3ZBGzc1BxDrCwYJnsTo","id":"R7p3ZBGzc1BxDrCwYJnsTo","label":"Structured Finance Agreement"}],"children":[],"relations":[],"url":"https://lmss.io/tag/R1GBRcO79LXpE6nmo7BUgp/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}