{"iri":"https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/CollateralizedDebtObligations/SubordinatedCDOEquity","label":"subordinated c d o equity","definition":"The subordinated (also known as equity) CDO tranche is the most junior tranche in the CDO issue. If there are defaults or the CDO's collateral otherwise underperforms, scheduled payments to senior and mezzanine tranches take precedence over those to subordinated/equity tranches.","license":"https://spdx.org/licenses/MIT","source":"fibo","source_url":"https://spec.edmcouncil.org/fibo/"}