The Term Asset-Backed Securities Loan Facility is a programme created by the U.S. Federal Reserve in November 2008 to support the issuance of asset-backed securities (ABS) and spur lending to consumers, small businesses and commercial real estate sector. The Fed has initially pledged $200 billion for the programme, but officials have said the scheme could grow to $1 trillion.

See also: http://www.newyorkfed.org/markets/talf.html, TARP