clos

¹

[ kloh ]

noun

, French.

, plural clos.

1. a walled vineyard.

clos

²

abbreviation for

, Real Estate.

1. closet.

Word History and Origins

Origin of clos¹

Literally, “closed”

Example Sentences

CLOs are pools of leveraged loans, structured as one actively managed security.

From Reuters

Nevertheless, the mid-market CLOs' own credit profiles "have worsened only slightly."

From Reuters

CLOs have a reinvestment period of up to five years, after which they cannot buy new loans.

From Reuters

According to BoFA, 38% of CLOs in existence will reach that expiry date by end-2023.

From Reuters

That has squeezed equity returns, and without equity investors, CLOs cannot be put together.

From Reuters