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The Central Idea Behind the Troubled Asset Relief Program Was

question 55

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The central idea behind the Troubled Asset Relief Program was for the Treasury to sell mortgage-backed securities to interested investors, wait for prices to increase, and then buy these securities back for a profit.


Definitions:

Abbreviation

The process or result of reducing a word or group of words to shorter form intended to represent the full form.

TSE

Transmissible Spongiform Encephalopathies, a group of progressive, invariably fatal, neurological disorders related to prion diseases.

Meaning

The significance, definition, or interpretation of a word, phrase, sentence, or text.

Vacuum-assisted

A medical procedure or intervention that uses a vacuum device to assist, for example, in the delivery of a baby to manage certain complications.

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