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What does ACSM stand for?

ACSM stands for Alternative Coupon Satisfaction Mechanism

This definition appears rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of ACSM

Other Resources:
We have 46 other meanings of ACSM in our Acronym Attic

Samples in periodicals archive:

When issued in 2005, the Notes benefited from an Alternative Coupon Satisfaction Mechanism ("ACSM") that provided a reliable source of funds should Pearl Group not otherwise be able to pay the coupons on the Notes: that reliable source was the issuance of listed common shares in Pearl Group.
Fitch downgraded LNC's deferrable capital securities to 'BB+' on April 16, 2009, reflecting an increasing likelihood that LNC would trigger the alternative coupon satisfaction mechanism (ACSM) associated with these securities due in part to a goodwill write-down the company was expected to record in the first quarter of 2009.