TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
asset-backed commercial paper [1 record]
Record 1 - internal organization data 2007-12-17
Record 1, English
Record 1, Subject field(s)
- Investment
- Finance
- Banking
Record 1, Main entry term, English
- asset-backed commercial paper
1, record 1, English, asset%2Dbacked%20commercial%20paper
correct
Record 1, Abbreviations, English
- ABCP 2, record 1, English, ABCP
correct
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
Asset-backed commercial paper ("ABCP") is a secured short-term debt obligation issued by a limited purpose trust (also referred to as a "conduit") to fund purchases of assets that back-up the ABCP and generate cash flow. Traditionally, those underlying assets were principally made-up of mortgages and various types of consumer loans and receivables, but many of the trusts currently hold a significant portion of their assets in the form of credit default swaps, collateralized debt obligations and other leveraged derivatives instruments. 3, record 1, English, - asset%2Dbacked%20commercial%20paper
Record number: 1, Textual support number: 2 CONT
... ABCP is a package of debt obligations -- anything from car loans to credit-card debt. The product grew in popularity in recent years among everyone from pension funds to corporate treasury departments to banks because ABCP offered higher returns than, for example, a corporate bond or treasury bill. 4, record 1, English, - asset%2Dbacked%20commercial%20paper
Record 1, Key term(s)
- asset backed commercial paper
Record 1, French
Record 1, Domaine(s)
- Investissements et placements
- Finances
- Banque
Record 1, Main entry term, French
- papier commercial adossé à des actifs
1, record 1, French, papier%20commercial%20adoss%C3%A9%20%C3%A0%20des%20actifs
correct, see observation, masculine noun
Record 1, Abbreviations, French
- PCAA 2, record 1, French, PCAA
correct, masculine noun
Record 1, Synonyms, French
- papier commercial adossé à des créances 3, record 1, French, papier%20commercial%20adoss%C3%A9%20%C3%A0%20des%20cr%C3%A9ances
correct, see observation, masculine noun
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
[... ] titre de dette à court terme (60 à 90 jours) qui provient de l'achat des actifs de différents prêteurs, comme des cartes de crédit, des prêts-auto et des prêts hypothécaires qui ont été regroupés dans une fiducie. 5, record 1, French, - papier%20commercial%20adoss%C3%A9%20%C3%A0%20des%20actifs
Record number: 1, Textual support number: 1 CONT
Le papier commercial adossé à des créances, (PCAC), également appelé papier commercial adossé à des actifs (PCAA) [...] est un «titre de dette à court terme» (60 à 90 jours), généré lors de l'achat d'actifs de différents prêteurs, comme des cartes de crédit, des prêts-auto et des prêts hypothécaires regroupés au sein d une fiducie. 6, record 1, French, - papier%20commercial%20adoss%C3%A9%20%C3%A0%20des%20actifs
Record number: 1, Textual support number: 1 OBS
L'expression «papier commercial adossé à des créances» a été relevé comme équivalent français de «asset-backed commercial paper» dans les sources consultées. Toutefois, selon un spécialiste directrice du domaine, cette expression est plus spécifique car le terme «actifs» désigne également des actions et pas seulement les prêts, les cartes de crédit, etc. 7, record 1, French, - papier%20commercial%20adoss%C3%A9%20%C3%A0%20des%20actifs
Record 1, Key term(s)
- effet de commerce adossé à des créances
- effet de commerce adossé à des actifs
Record 1, Spanish
Record 1, Textual support, Spanish
Copyright notice for the TERMIUM Plus® data bank
© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau
Features
Language Portal of Canada
Access a collection of Canadian resources on all aspects of English and French, including quizzes.
Writing tools
The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.
Glossaries and vocabularies
Access Translation Bureau glossaries and vocabularies.
- Date Modified: