A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Asset-backed commercial paper (ABCP) is a short-term debt security that normally has a maturity of between three and nine months. It is backed by a portfolio of assets (eg credit claims) and is typically issued by special-purpose vehicles that have bought the underlying assets from banks.
The Asset-Backed Securities Purchase Programme (ABSPP) was adopted in conjunction with the Covered Bond Purchase Programme (CBPP) by the ECB Governing Council in September 2014. The purchase of ABSs on the primary and secondary market is intended to enhance the transmission of monetary policy, support provision of credit to the euro-area economy and, as a result, provide further monetary policy accommodation. The overarching aim is for inflation rates to return to levels closer to 2%.
An American depositary receipt is the name given to a share certificate or depositary receipt denominated in US dollars and issued by US by a depositary bank in the United States that represents a specific number of deposited shares in a foreign company and can be traded like shares in their place on the US capital market.
Japanese economic policy program named after Shinzo Abe, the country’s Prime Minister since 2012. It consists of three “pillars”:
  1. massive expansion of the money supply by the central bankto stop deflation
  2. limited fiscal stimulus programs
  3. structural reforms.
This is an investment strategy that aims to generate a positive return in absolute terms every year, regardless of any benchmark. The success of the strategy is measured solely by the performance actually achieved and by comparison with a given index (relative return).