What exactly does ’supplement’ mean?

By Geert De Lombaerde Posted on July 20, 2009 at 8:06 am

TARP’s watchdog says four out of five banks taking part in the program are using the government’s cash to supplement lending.

About 29 percent of institutions said they used TARP funds to make residential loans, 18 percent used TARP funds for commercial mortgages and 17 percent said they made other consumer loans with TARP funds, such as auto loans and personal lines of credit.

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Tags: banking, financial regulation, lending, TARP, Troubled Assets Relief Program

What exactly does ’supplement’ mean?

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