"Toxic asset" is a non-technical term for certain financial assets whose value has fallen significantly and for which there is no longer a functioning market, so that they cannot be reasonably sold. The term became common during the financial crisis of 2007–2009, in which they played a major role. When the market for such assets ceases to function, it is described as "frozen". Markets for some toxic assets froze in 2007, and the problem grew significantly worse in the second half of 2008.

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dbpprop:abstract
  • "Toxic asset" is a non-technical term for certain financial assets whose value has fallen significantly and for which there is no longer a functioning market, so that they cannot be reasonably sold. The term became common during the financial crisis of 2007–2009, in which they played a major role. When the market for such assets ceases to function, it is described as "frozen". Markets for some toxic assets froze in 2007, and the problem grew significantly worse in the second half of 2008. Several factors contributed to the freezing of toxic asset markets. The value of the assets were very sensitive to economic conditions, and increased uncertainty in these conditions made it difficult to estimate the value of the assets. Banks and other major financial-institutions were unwilling to sell the assets at significantly reduced prices, since lower prices would force them to reduce significantly their stated assets, making them appear insolvent.
  • L'expression actifs toxiques désigne des instruments de placements basés sur les subprimes, devenus illiquides et entraînant une forte dépréciation des bilans, voire la faillite, des institutions financières qui les détiennent en portefeuille et appliquent la méthode comptable de la juste valeur. Le Département du Trésor des États-Unis a annoncé le 18 septembre 2008 qu'il allait se porter acheteur de ces placements pour éviter une crise systémique, les modalités et les prix offerts n'étant toutefois pas précisés. Au début d'octobre 2008, le Sénat des États-Unis et le Congrès des États-Unis entérinent un plan qui permettra au Trésor des États-Unis d'acquérir ces actifs : le Plan Paulson.
rdfs:comment
  • "Toxic asset" is a non-technical term for certain financial assets whose value has fallen significantly and for which there is no longer a functioning market, so that they cannot be reasonably sold. The term became common during the financial crisis of 2007–2009, in which they played a major role. When the market for such assets ceases to function, it is described as "frozen". Markets for some toxic assets froze in 2007, and the problem grew significantly worse in the second half of 2008.
  • L'expression actifs toxiques désigne des instruments de placements basés sur les subprimes, devenus illiquides et entraînant une forte dépréciation des bilans, voire la faillite, des institutions financières qui les détiennent en portefeuille et appliquent la méthode comptable de la juste valeur.
rdfs:label
  • Toxic asset
  • Actifs toxiques
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