Asset-Backed Commercial Paper Money Market Fund Liquidity Facility (AMLF) - Financial definition
Concise definition of the term Asset-Backed Commercial Paper Money Market Fund Liquidity Facility
A lending facility in the United States between 2008 and 2010 that provided funding to depository institutions and bank holding companies to finance their purchases of high-quality asset-backed commercial paper (ABCP) from money market mutual funds under certain conditions.