The vagus nerve stimulation (VNS) device, or more commonly known as the pacemaker for the brain, sends regular pulses of electrical energy to the brain by stimulating the vagus nerve. An incision along the outer left side of the chest is made for the implantation of the VNS battery-powered device.
A collateralized debt obligation (CDO) is a type of structured asset-backed security (ABS).DOs vary in structure and underlying assets, but the basic principle is the same. A CDO is a type of asset-backed security. To create a CDO, a corporate entity is constructed to hold assets as collateral backing packages of cash flows which are sold to investors. A sequence in constructing a CDO is:
A Synthetic CDO (collateralized debt obligation) is a variation of a CDO that generally uses credit default swaps and other derivatives to obtain its investment goals.n technical terms, the synthetic CDO is a form of collateralized debt obligation (CDO) in which the underlying credit exposures are taken using a credit default swap rather than by having a vehicle buy assets such as bonds. Synthetic CDOs can either be single tranche CDOs or fully distributed CDOs.