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Collateralized Mortgage Obligation
Term: Accounting -> Collateralized Mortgage Obligation
Term:
Collateralized Mortgage Obligation
Definition:
Security whose cash flows equal the difference between the cash flows of the collateralizing assests and the collateralized obligations of a securitized trust. Characteristics of CMO residuals vary greatly and can be extremely complex in nature.
Related terms:
Depletion
General Partnership
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