作为全英文的考试，FRM考试中基础词语的积累就看上去尤为重要，可以说是大家知道题意，正确解答卷目的敲门砖，我们给大伙整理了一批FRM考试Part1部分的基础词语，各位伙伴可以关注【备考经验】板块，一块儿打卡积累吧！
词语积累：FRMP1风险管理基础词语（11） 31. Collateralized mortgage obligation (CMO)抵押住房贷款凭证: When a CDO consists only of mortgage loans, it is technically known as a collateralized mortgage obligation(CMO).当CDO 只包含抵押贷款，它在技术上被叫做抵押贷款债券(CMO)。 32. Tranche 层级: Like a CDO, they are a bundle of repackaged loans that are organized into tranches.与 CDO 一样，它们是一捆重新打包的贷款，然后进行分层。 33. Collateralized loan obligation (CLO)抵押贷款凭证: A collateralized loan obligation (CLO) is a structured product that is extremely similar to a CDO.CLO 是一种与 CDO 极其一样的结构化商品。 以上就是词语积累的有关内容！每天学习一点点，总会向前一大步！