TARP stands for Troubled Asset Relief Program. It was a program created by the US government in 2008 to rescue and stabilize the country's financial system during the subprime mortgage crisis. It allowed the US Treasury to purchase troubled assets from financial institutions and provide capital injections to prevent their collapse.

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TARP Stands for

Question 25

Multiple Choice

TARP stands for

A) Troubled Asset Reassurance Project.
B) Targeted Assistance Relief Program.
C) Troubled Asset Relief Program.
D) Targeted Asset Reassurance Program.
E) Timed Assistance Relief Project.

Correct Answer: