Asset-Backed Commercial Paper

Asset-Backed Commercial Paper (ABCP)
Asset-Backed Commercial Paper (ABCP) refers to short-term debt instruments issued by financial institutions, which are backed by physical assets such as receivables, leases, or loans.
Structured Investment Vehicle (SIV)
A type of arbitrage fund that finances its operations through the sale of asset-backed commercial paper and medium-term notes, investing primarily in asset-backed securities.

Accounting Terms Lexicon

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