债务担保证券
Traditional form:
債務擔保證券
Pinyin (reading):
zhàiwùdānbǎozhèngquàn
Definitions:
- collateralized debt obligation (CDO), type of bond
Characters:
- 债 - debt, loan, liability
- 务 - affairs, business; should; must
- 担 - to bear, to carry; burden, responsibility
- 保 - to safeguard, to protect, to defend, to care for
- 证 - to prove, to verify; certificate, proof
- 券 - bond, certificate, deed; ticket; contract
Traditional characters: