High-Yield Bonds

Collateralized Bond Obligation (CBO)
A Collateralized Bond Obligation (CBO) is a type of structured security backed by a diversified pool of high-yield bond issuances. CBOs are a subset of Collateralized Debt Obligations (CDOs), designed to earn investors returns based on the performance of the underlying bond collateral.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.