Usually means: Debt secured by pooled loans.
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We found 8 dictionaries that define the word collateralized loan obligation:

General (3 matching dictionaries)
  1. collateralized loan obligation: Wiktionary
  2. collateralized loan obligation: Dictionary.com
  3. Collateralized loan obligation: Wikipedia, the Free Encyclopedia

Business (5 matching dictionaries)
  1. collateralized loan obligation: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. Comprehensive Financial (No longer online)
  4. Collateralized Loan Obligation: Financial dictionary
  5. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (collateralized loan obligation)

noun:  (finance) a form of securitization where payments from multiple middle-sized and large business loans are pooled together and passed on to different classes of owners in various tranches

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