clo
clo — noun
1. written abbreviation for 'clothing', used on product tags, price labels, invento
written abbreviation for 'clothing', used on product tags, price labels, inventory lists, and official forms to refer to items that people wear on their bodies, such as shirts, trousers, dresses, or jackets.
The tag on the jacket had 'clo: 100% nylon' printed in small letters near the seam.
written on product tags with material composition
Cole had to update the 'clo' section of the warehouse database with fifty new coats.
The charity shop sorted its donations, putting all the 'clo' boxes near the front door.
On the customs form, passengers must list the total value of their 'clo' purchases separately.
文法句型
used as a written label before or after numbers/percentages
used as a category heading in lists and forms
用法筆記
Typically written in lowercase ('clo') on product tags and labels, but may appear in all capital letters ('CLO') in database systems, inventory spreadsheets, and official forms.
常見錯誤
2. a type of financial product in which loans made to many different companies are
a type of financial product in which loans made to many different companies are grouped together into one package, and pieces of that package are sold to investors at different levels of risk and with different rates of interest.
The bank created a CLO worth 500 million dollars using loans from fifty technology firms.
structure: CLO backed by corporate loans
Vikram's financial advisor recommended a CLO that paid higher interest than government bonds.
CLO compared to bonds for yield
When the economy slowed, the CLO's value fell as many companies stopped repaying their loans.
Analysts split the CLO into safe and risky layers with different rates of return.
The financial news reported that the global CLO market had grown past one trillion dollars.
- CDO
broader category; CLO is a type of CDO restricted to corporate loans, while a CDO may include mortgages, credit card debt, or other assets
- structured product
general term for any financial instrument whose value is derived from a pool of underlying assets, including CLOs
文法句型
used as a countable noun (a CLO, two CLOs)
used attributively before nouns (CLO market, CLO investor)
用法筆記
Often written in all capital letters (CLO). The term is a specific type of CDO (collateralized debt obligation) that deals exclusively with corporate loans rather than mortgages or other debt types. Most CLOs are bought and sold by large investment funds and banks, not by individual retail investors.