債務擔保證券 zhài wù dān bǎo zhèng quàn

DEFINITIONS

  1. collateralized debt obligation (CDO), type of bond

CHARACTERS

債 zhài debt, loan, liabilities
務 wù affairs, business; must, should
擔 dān carry, bear, undertake
保 bǎo protect, safeguard, defend, care
證 zhèng proof, evidence; testify, verify
券 quàn certificate, ticket; title deeds