The Fed is still ramping up its initiative to revive securitization of consumer and business loans, the Term Asset-Backed Securities loan Facility.

美联储还在努力重振消费者和企业贷款证券化，即定期资产支持证券贷款工具这一计划。

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Fed officials believe there is already evidence of this in the lacklustre initial take-up of loans offered for the term asset-backed securities loan facility.

美联储官员相信，为定期资产支持证券贷款工具提供的首批贷款申请不活跃，就已证明了这一点。

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The model is another American innovation from the financial crisis the Term Asset-Backed Securities Loan Facility, or TALF.

ECONOMIST: The world economy

On November 25, 2008, the Federal Reserve Board announced terms for the Term Asset-Backed Securities Loan Facility (TALF).

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This connection between tax dollars and contract awards to corporations with ties to countries like Iran has been exacerbated by Washington's TARP (Troubled Asset Relief Program) and TALF (Term Asset-Backed Securities Loan Facility) outlays undertaken thus far.

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