Asset-Backed Commercial Paper Money Market Fund Liquidity Facility - AMLF

What Does Asset-Backed Commercial Paper Money Market Fund Liquidity Facility - AMLF Mean?
A lending program created by the Federal Reserve Board on September 19, 2008, that will provide new funding to U.S. financial institutions until October 30, 2009. The Asset-Backed Commercial Paper Money Market Fund Liquidity Facility (AMLF) provides funding that allows financial institutions to purchase asset-backed commercial paper (ABCP) from money market mutual funds (MMMF) to prevent default on investors' redemptions.

Investopedia explains Asset-Backed Commercial Paper Money Market Fund Liquidity Facility - AMLF
The acronym AMLF is generated by taking the first letters from the first two acronyms ABCP (asset-backed commercial paper) and MMMF (money market mutual fund). The letters "AM" are then combined with the acronym for liquidity facility, "LF".

Related Terms

Asset-Backed Commercial Paper - ABCP
Breaking The Buck
Broke The Buck
Commercial Paper
Commercial Paper Funding Facility - CPFF
Federal Reserve Board - FRB
Money Market Fund
More Related Terms

Related Links

Economic Meltdowns: Let Them Burn Or Stamp Them Out? - Whether the Fed should intervene in market bubbles is up for debate. Learn about both sides here.
Market Bottom: Are We There Yet? - No one rings a bell when the bear market's over, but that doesn't mean there's no way to predict a bottom.
Top 5 Signs Of A Credit Crisis - These indicators can illuminate the depth and severity of problems in the credit markets.
The Bright Side Of The Credit Crisis - Find out how this tough economic period can be a learning experience for all.
Mark-To-Market Mayhem - Did this accounting convention contribute to the credit crisis of 2008? Find out here.
Fannie Mae, Freddie Mac And The Credit Crisis Of 2008 - Is the U.S. Congress' failure to rein in these mortgage giants to blame for the financial fallout?
The 2007-08 Financial Crisis In Review - If you don't know how the recession began, read on to learn more.

Rate this Term: Your Rating: Overall Rating: Vote Now!