Collateralized Debt Obligations

Asset Protection Scheme
A UK government initiative launched in February 2009 to revive bank lending in the wake of the global financial crisis by insuring banks against further losses from toxic assets.
Monoline Insurer
Monoline insurers provide guarantees to bond issuers to enhance their creditworthiness. After being highly active in the mid-2000s, particularly in complex structured finance instruments, they faced significant losses due to the subprime lending disaster of 2007.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.