| 单词 |
temporary liquidity guarantee program |
| 释义 |
Temporary Liquidity Guarantee Program
Temporary Liquidity Guarantee ProgramA rule adopted by the FDIC guaranteeing certain transaction accounts and unsecured loans that banks make to one another. The rule was implemented in 2008 to promote liquidity in interbank lending in the wake of the global financial crisis that started that year. It began to expire in 2010, though the Dodd-Frank Act made certain portions permanent.AcronymsSeeTLGP |
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