Financial asset whose value has fallen significantly and for which there is no longer a functioning market.
1The United States released its toxic asset plan on March 23.
2The United States said it plans to release its toxic asset plan before the April 2 summit.
3In response to the unveiling of long-awaited details of the Obama administration's plan to combat the toxic asset shock.
4Remember your property doesn't have to literally float off in a storm for it to become a toxic asset.
5And more countries are warming to the idea of offering insurance to banks to protect them from toxic asset losses.
6The Treasury announced in March details of the toxic asset plan -known as the Public-PrivateInvestment Program, or PPIP.
7The UK and the US have become shadow economies - albeit by a different route - through the toxic asset crisis.
8The eight toxic asset funds, run by asset managers such as BlackRock Inc, Invesco Ltd and Marathon Asset Management, are all profitable.
9Fortis Holding could also face a majority share of the toxic assets.
10The scheme protects the bank against major defaults on its most toxic assets.
11The plan envisages creating special purpose vehicles to allow lenders to offload toxic assets.
12About £9bn of those toxic assets are from Ulster Bank.
13ACCOUNTING: Modifications to fair value rules seen as critical to resolving global toxic assets problem.
14Most of the major banks hold similar toxic assets.
15There is also now the issue of who would hold the toxic assets of Fortis.
16The EU has released guidelines to member states on how to deal with toxic assets.
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