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.
The Capital Purchase Program (CPP) was an initiative under the Troubled Asset Relief Program (TARP) to stabilize the financial system by reinforcing the solvency of major banks through purchasing preferred stock and equity warrants.
Legislation designed to assist large financial institutions to prevent failure and to signal to worldwide financial markets that the United States government would stand behind major American banks and other important financial entities to prevent disruptive collapses.
A funding facility under which the Federal Reserve Bank of New York lends up to $200 billion on a non-recourse basis to holders of certain AAA-rated asset-backed securities (ABS), aimed at promoting the flow of credit to businesses and households.
Toxic assets are financial instruments for which there is no longer a functioning market, making their value highly uncertain and leading to difficulties in selling them at reasonable prices. The term gained prominence during the financial crisis following the 2008 subprime lending debacle.
A U.S. government program created to stabilize the financial system during the 2008 financial crisis by purchasing distressed assets and injecting capital into banks.
The Troubled Assets Relief Program (TARP) was a U.S. Treasury program established under the Emergency Economic Stabilization Act (EESA) of 2008 to stabilize the financial system during the financial crisis by purchasing troubled assets and providing capital to financial institutions.
