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Meaning of asset-backed commercial paper | Babel Free

Noun CEFR C1

Definitions

A form of commercial paper that is collateralized by other financial assets.

countable, uncountable

CEFR level

C1

Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

asset-backed security asset-stripping assetization assetlessness Assets assets; wealth