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English - English
Definition of troubled asset relief program in English English dictionary
- (Ekonomi) The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions in order to strengthen its financial sector. It is the largest component of the government's measures in 2008 to address the subprime mortgage crisis
- (Ekonomi) TARP
The sole major bank lobbying to repay TARP that has yet to issue new equity this year.
troubled asset relief program
Hyphenation
troubled as·set re·lief pro·gramTurkish pronunciation
trʌbıld äset rilif prōgrämPronunciation
/ˈtrəbəld ˈaˌset rēˈlēf ˈprōˌgram/ /ˈtrʌbəld ˈæˌsɛt riːˈliːf ˈproʊˌɡræm/
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