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

Dictionary Says

Definition of 'Asset-Backed Commercial Paper Money Market Fund Liquidity Facility - AMLF'

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 Says

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".

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Related Definitions

  1. Asset-Backed Commercial Paper - ABCP

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  2. Commercial Paper

    An unsecured, ...
  3. Breaking The Buck

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  4. Broke The Buck

    When a money ...
  5. Money Market Fund

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  6. Federal Reserve Board - FRB

    The governing ...
  7. Commercial Paper Funding Facility - CPFF

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  8. Asset

    1. A resource ...
  9. Fund Of Funds

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  10. Paper Trade

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