What does “bespoke” mean in this context?

The synthetic CDOs that caused the trouble were expensive bespoke instruments that were very profitable for the banks involved – JPMorgan was paid $19m to structure and market the Squared CDO alone before it got stuck with $880m in unanticipated losses

I know the definition is to be or give a sign of; indicate. See synonyms of indicate.

But it doesn’t make a lot of sense.

Context.

Answer

The dictionary gives an interesting meaning of “bespoke”:

“custom or custom-made, made to order,” of goods, as distinguished from ready-made

So, “bespoke” used this way means “made to order”, and the instruments were custom-made. This can be seen by the later phrase:

JPMorgan was paid $19m to structure and market the Squared CDO alone

Attribution
Source : Link , Question Author : Anderson Silva , Answer Author : Marthaª

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