Toxic Waste


Toxic Waste
A slang term referring to securities that are unattractive due to certain underlying provisions or risks making them generally illiquid with poor pricing schemes and transparency.

Mainly used in reference to CMOs, toxic waste represents the small portion of these products that are byproducts created as a result of providing the majority of CMOs with minimal risk. In effect, this small portion of byproducts is used as outlets for transferring a substantial portion of the underlying risks involved in making the obligations and then marketed to investors.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Toxic waste — is waste material, often in chemical form, that can cause death or injury to living creatures. It usually is the product of industry or commerce, but comes also from residential use, agriculture, the military, medical facilities, radioactive… …   Wikipedia

  • toxic waste — n [U and C] waste products from industry that are harmful to people, animals, or the environment ▪ a toxic waste dump ▪ international agreements about the disposal of toxic waste …   Dictionary of contemporary English

  • toxic waste — noun count or uncount industrial or chemical waste products that are harmful to the environment …   Usage of the words and phrases in modern English

  • toxic waste — noun poisonous waste materials; can cause injury (especially by chemical means) • Syn: ↑toxic industrial waste • Hypernyms: ↑waste, ↑waste material, ↑waste matter, ↑waste product * * * toxic waste UK US …   Useful english dictionary

  • toxic waste — UK / US noun [countable/uncountable] Word forms toxic waste : singular toxic waste plural toxic wastes industrial or chemical waste products that are harmful to the environment …   English dictionary

  • toxic waste — nuodingosios atliekos statusas T sritis ekologija ir aplinkotyra apibrėžtis Žmogaus buityje, ūkinėje ir gamybinėje veikloje susidariusios atliekos, turinčios nuodingą poveikį žmogui, gyvūnams ir augalams. atitikmenys: angl. harmful waste; toxic… …   Ekologijos terminų aiškinamasis žodynas

  • toxic waste — Hazardous, poisonous substances such as PCB s, and DDT. Several federal laws regulate the use, transportation, and disposal of toxic material; e.g., The Resource Conservation and Recovery Act of 1976, 42 U.S.C.A. No.No. 6901 6987, The Toxic… …   Black's law dictionary

  • toxic waste — noun Any waste that can cause death or injury to living creatures, especially poisonous chemical compounds …   Wiktionary

  • toxic waste — noun (C, U) waste products from industry that are harmful to people, animals, or the environment …   Longman dictionary of contemporary English

  • toxic waste —   poisonous by products of industrial processes which use metals. May be solid, liquid or gaseous …   Geography glossary


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