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collected
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collateralized mortgage obligation
col·lat·er·al·ized mort·gage ob·li·ga·tion (plural col·lat·er·al·ized mort·gage ob·li·ga·tions)


noun 
Definition:
 
debt instrument secured by mortgages: a type of bond secured on mortgages where the mortgage repayments are used to pay interest on the bonds
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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