What does ABCP mean in Banking?
This page is about the meanings of the acronym/abbreviation/shorthand ABCP in the Business field in general and in the Banking terminology in particular.
Submitted by paul8539 on March 8, 2014
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Definition
What does ABCP mean?
- Asset-backed commercial paper
- Asset-backed commercial paper (ABCP) is a form of commercial paper that is collateralized by other financial assets. Institutional investors usually purchase such instruments in order to diversify their assets and generate short-term gains.
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"ABCP." Abbreviations.com. STANDS4 LLC, 2024. Web. 13 Jun 2024. <https://www.abbreviations.com/term/340814>.
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