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social science subjects > law > legal specialisms > financial law > Troubled Asset Relief Program

Preferred term

Troubled Asset Relief Program  

Definition

  • The Troubled Asset Relief Program (TARP) was created with the passage of the Emergency Economic Stabilization Act (EESA) on October 3, 2008. The program represents one of several emergency measures taken by the federal government in response to the crisis that hit the U.S. economy and the financial sector, in particular, that year. [Source: Encyclopedia of White-Collar and Corporate Crime; Troubled Asset Relief Program]

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https://concepts.sagepub.com/social-science/concept/Troubled_Asset_Relief_Program

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