Stone, Charles A.; Zissu, Anne - In: Journal of Applied Corporate Finance 10 (1997) 1, pp. 72-78
Asset backed commercial paper, or ABCP for short, is commercial paper that is issued by a special purpose corporation against undivided interests in corporate receivables, including retail, trade, or export receivables. Since the inception of the market in 1983, the volume of ABCP has grown to...