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 - ABCP programma
 - ABCP programme

Een ABCP-programma is een securitisatieregeling in het kader waarvan effecten worden uitgegeven, voornamelijk in de vorm van kortlopend schuldpapier (commercial paper) met een oorspronkelijke looptijd van maximaal één jaar.
Bron: http://www.dufas.nl/theme/dufas/uploadedFiles/AMvB%2005%20Prudentiele%20regels%20def.pdf
The rise in securitisation has led to the growth of short-term instruments backed by the cash flows from other assets, known as asset-backed commercial paper (ABCP). Securitisation is the practice of using the cash flows from a specified asset, such as residential mortgages, car loans or commercial bank loans, as backing for an issue of bonds. The assets themselves are transferred from the original owner (the originator) to a specially created legal entity known as a special purpose vehicle (SPV), so as to make them separate and bankruptcy-remote from the originator. In the meantime, the originator is able to benefit from capital market financing, often charged at a lower rate of interest than that earned by the originator on its assets. Securitised products are not money market instruments, and although ABCP is, most textbooks treat ABCP as part of the structured products market rather than as a money market product.
source: http://www.yieldcurve.com/Mktresearch/LearningCurve/ABCPLearnCurveOct04.pdf

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