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
Full Pay-Per-Share (FPPS)
FPPS is quite similar to PPS; the only difference is that the pool will additionally pay a transaction fee incentive if the block is identified. FPPS is the same as PPS+.
All-Time-High (ATH)
The highest point (in price, in market capitalization) that a cryptocurrency has been in history.
Over The Counter (OTC)
It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties
BitLicense
Refers to the business license issued by the New York State Department of Financial Services (NYSDFS) to companies dealing with Cryptocurrencies (subject to certain exceptions) in New York.
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