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What does CLO mean?

Looking for the meaning or definition of the word CLO? Here's what it means.

Initialism
  1. chief legal officer
  2. (finance) Collateralized Loan Obligation
  3. cod liver oil
  4. (medicine) Campylobacter-Like Organism
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Examples
Our experience shows that analytically determining credit lines can boost revenue growth even in today's economy, and the CLO Starter Kit makes that easier than ever before.
The Duane Street V CLO has been renamed Gateway CLO Limited and represents the ninth portfolio for which Prudential Fixed Income Management is acting as replacement manager.
Similarly, the revivification of the CLO market suggests that many investors are perfectly willing to buy risky private debt.
The CLO will be backed by a diversified portfolio of broadly syndicated senior secured loans.
Business rules for this key statistic are not documented or well understood beyond the single CLO position.
For example, it was suggested that more money would enable the CLO to reach out to communities in the far north.

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