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词汇 cmos
释义 CMOs
noun[ plural ]
 FINANCEukus
abbreviation for collateralized mortgage obligations: a group of home loans that are put together to make new bonds to sell. The payments on the home loans are used to pay the interest on the new bonds:
CMOs are secured on real property, but if property prices fall and borrowers can't repay, there are consequences for the whole economy.
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