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Capital Purchase Program
Capital Purchase ProgramIn the United States, a portion of the Troubled Asset Relief Program dedicated to the purchase of preferred stock and warrants of banks in the United States. The program was created to spur lending in the wake of the 2008 financial crisis by shoring up at-risk banks. The program lasted from 2008 until February 2009 when it was replaced by the Capital Assistance Program.AcronymsSeeCPP |