Difference between revisions of "Asset backed commercial paper"

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(ABCP).   
 
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Commercial paper secured by specified bundles of assets.  For example mortgage loans, consumer loans, car loans and the like.
 
Commercial paper secured by specified bundles of assets.  For example mortgage loans, consumer loans, car loans and the like.
 
    
 
    
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* [[Commercial paper]]
 
* [[Commercial paper]]
 
* [[Special purpose vehicle]]
 
* [[Special purpose vehicle]]
 
 

Revision as of 11:01, 29 July 2013

(ABCP).

Commercial paper secured by specified bundles of assets. For example mortgage loans, consumer loans, car loans and the like.

Frequently issued by special purpose vehicles to fund the investment in those assets.

See also