Over 10,000 financial glossary terms...
Not sure how the word is listed? Just enter the first few letters.
Searched for Purchase and assumption (P
1 - Displaying next results out of 1
Purchase And Assumption (P&A)Definition:
A resolution method in which a healthy insured institution
purchases some or all of the assets and assumes the deposit liabilities of a failed bank or thrift. On a
case-by-case basis, the assuming institution's bid may be sufficient to allow assumption of all the
deposit liabilities of the failing institution, including the uninsured deposits.