<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/RBwVZgUU1nbWTCfkaoaMilD">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R9pssJwbQ89wfcLFqq9DWIw"/>
  <rdfs:label>Asset-Backed Commercial Paper</rdfs:label>
  <skos:prefLabel>ABCP</skos:prefLabel>
  <skos:definition>ABCP is a type of short-term debt instrument that is backed by a pool of financial assets, such as trade receivables, auto loans, credit card debt, residential mortgages, or other asset-backed securities (ABS). The maturity of ABCP typically ranges from 1 to 270 days, with an average of around 30 days.</skos:definition>
</owl:Class>