A collateralized debt obligation, or CDO for short, is a complicated financial product that banks create to deal with credit risk. Credit risk is the possibility that borrowers won’t pay back the money they’ve borrowed. Banks face this risk whenever they lend money or buy bonds and other debt. CDOs provide a way for banks…
A collateralized bond obligation, or CBO for short, is a financial product that takes a bunch of bonds and repackages them into something new that can be sold to investors. These bonds are usually ones that have some risk of the company not paying back all the money they owe. This risk is called “credit…
Collateral trust bonds are a special kind of bond. Companies sell them to borrow money. But they’re different from most bonds in a significant way. You see, when a company sells a regular bond, they’re promising to pay back the money to the bond buyers later on. The company gets cash now and the bond…
Collateral risk is the chance of losing money because of problems with collateral. Collateral is something valuable that a borrower gives to a lender to secure a loan. If the borrower doesn’t pay back the loan, the lender gets to keep the collateral. But sometimes there can be issues with the collateral itself. Maybe it’s…
A collateral pool is a group of assets that are used in a special financial arrangement called securitization. In securitization, a company takes a bunch of similar assets it owns, like home loans or car loans that people owe them money on, and puts them together into one big pool. This pool is then used…
Collateral assets are things of value that someone borrows money against. They help make sure the person lending the money will get paid back. Common types of collateral assets include: How collateral assets work When you borrow money from a bank or other lender, they take a risk trusting you’ll pay them back. This is…
Cold calling means when a broker, salesperson, or marketer calls someone they don’t know to sell them something or get their business. They get the person’s name and number from phone books or lists of people they buy. The person they call isn’t expecting the call and hasn’t shown interest in what the caller is…
You know how people always say, “Don’t judge a book by its cover”? Well, that’s because we all have different sides to ourselves that we show to other people. It’s like we have three different lives going on simultaneously: our public, private, and secret lives. The Public Life Your public life is the face you…
Song Athletics just released a new sample library called Friends. It’s a collection of classic studio instruments all in one package. The company says it’s beautifully crafted. Friends includes 14 different instruments. There’s a grand piano, an upright piano, and two felt pianos. One felt piano has short notes. It also has an electric piano…
UnitedPlugins just released a new plugin called DarkFire. It was made by JMG Sound. DarkFire is like an analogue preamp and saturator. It gives you lots of control over the harmonics in your music. You can use DarkFire on almost any track you want. It works great on instruments like guitars, bass, pianos, drums and…
