English: LABV
Welsh: Cyfrwng â Chymorth Asedau Lleol
Subject: Addysg
English definition: Local Asset Backed Vehicle
English context: I have noted that the local authority is considering the potential of using a Local Asset Backed Vehicle (LABV) to support the establishment of community hubs and to assist with the capital cost associated with school reorganisation.
Welsh context: Rwyf wedi nodi bod yr awdurdod lleol yn ystyried y potensial o ddefnyddio Cyfrwng â Chymorth Asedau Lleol (Local Asset Backed Vehicle - LABV) i helpu i sefydlu canolfannau cymunedol ac i helpu gyda'r costau cyfalaf sy'n gysylltiedig ag ad-drefnu ysgolion.