Multilingual Glossary and Regulations - Dutch, English, French, German, Italian, Portuguese and Spanish
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Reglo's translation/definition for
Asset-backed commercial paper (ABCP) programme
English
Asset-backed commercial paper (ABCP) programme
means a programme of securitisations the securities issued by which predominantly take the form of commercial paper with an original maturity of one year or less.
Spanish
Programa de pagarés de titulización, programa ABCP
un programa de titulizaciones cuyos valores emitidos adoptan predominantemente la forma de pagarés de empresas con un vencimiento original de un año o menos.
Deutsch
Asset-backed commercial paper, ABCP
programme“ ein Verbriefungsprogramm, wobei die emittierten Wertpapiere in erster Linie die Form eines „commercial paper“ mit einer ursprünglichen Laufzeit von einem Jahr oder weniger haben.
French
Programme de papier commercial adossé à des actifs, programme ABCP
« un programme de titrisation représenté par des titres prenant essentiellement la forme de papier commercial ayant une durée initiale inférieure ou égale à un an.
Dutch
„door activa gedekt commercial-paperprogramma, ABCP-programma
een securitisatieprogramma in het kader waarvan effecten worden uitgegeven, voornamelijk in de vorm van commercial paper met een oorspronkelijke looptijd van een jaar of minder.
Italian
Programma di cambiali finanziarie garantite da attività, asset-backed commercial paper programme
un programma di cartolarizzazione i cui titoli assumono in prevalenza la forma di cambiali finanziarie (commercial paper) con una durata originaria pari o inferiore ad un anno.
Portuguese
Programa de papel comercial garantido por activos, programa ABCP
programa de titularização cujos títulos emitidos consistem principalmente em papel comercial com um prazo de vencimento inicial igual ou inferior a um ano.
Legal source
Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006
relating to the taking up and pursuit of the business of credit institutions (recast) (Text with EEA relevance)
link to the EU official version.
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