ABL
Abbreviation with 2 meanings
| Stands for | Asset-based lending |
|---|---|
| Meanings | 2 |
| Categories | Business & Finance, Writing & Everyday |
| Also written | abl. |
ABL has two meanings. It stands for Asset-based lending (finance) or Ablative (grammar and dictionary).
Meanings of ABL at a glance
| # | ABL stands for | Context |
|---|---|---|
| 1 | Asset-based lending | Business & Finance › Finance |
| 2 | Ablative | Writing & Everyday › Grammar and Dictionary |
1. Asset-based lending
Business & Finance · Finance Abbreviations
Business lending secured by specific assets, usually accounts receivable and inventory, with the amount available tied to a borrowing base calculated as a percentage of eligible collateral. ABL facilities suit companies with seasonal or volatile earnings.
Example: Our ABL revolver allows borrowing up to 85 percent of eligible receivables and 50 percent of inventory.
Lenders monitor ABL collateral closely through regular borrowing-base certificates and field exams. Because repayment depends on asset values rather than cash-flow forecasts, ABL can be available to companies that would not qualify for unsecured loans. Advance rates vary by lender and by collateral quality.
2. Ablative (abl.)
Writing & Everyday · Grammar and Dictionary Abbreviations
Labels the ablative case of Latin and some other languages, which expresses meanings such as "by," "with," "from" or "in" without a separate preposition. It appears in Latin grammars and dictionaries.
Example: In "anno Domini," anno is the abl. of annus, meaning "in the year."
The Latin ablative absolute, as in "Caesare duce" ("with Caesar as leader"), has no exact English equivalent. Several Latin phrases used in English preserve the ablative, including "bona fide" ("in good faith") and "de facto." The name comes from Latin ablatus, "carried away."
Related abbreviations
More finance abbreviations
- APA – Asset purchase agreement
- APV – Adjusted present value
- ARR – Annual recurring revenue
- ATM – At-the-market offering
- AUM – Assets under management
- CAGR – Compound annual growth rate
- CapEx – Capital expenditure
- CAPM – Capital asset pricing model
See all 88 finance abbreviations →