What does capital assistance program mean?

capital assistance program meaning in Law Dictionary

the administrative centre Assistance Program is a U.S. Treasury program providing you with money treatments in exchange for required convertible preferred stock and warrants to bank holding organizations.

capital assistance program meaning in Business Dictionary

system run by the Treasury division associated with US that provides money infusions to bank holding businesses in return for mandatory convertible preferred stock and warrants. The Troubled investment Relief system of 2008 is a typical example of a capital assistance system. In exchange for bailing out a number of banking institutions, the United States had been supplied favored stocks and warrants.