commercial paper

noun
1.
negotiable paper, as drafts, bills of exchange, etc., given in the course of business.
2.
corporate promissory notes, usually short-term and unsecured, sold in the open market.

Origin:
1830–40, Americanism

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To commercial paper
Collins
World English Dictionary
commercial paper
 
n
a short-term negotiable document, such as a bill of exchange, promissory note, etc, calling for the transference of a specified sum of money at a designated date

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
00:10
Commercial paper is always a great word to know.
So is callithumpian. Does it mean:
a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
Example sentences
With few retail deposits to speak of, the firm gorged on long-term debt and commercial paper to fund its lending.
It would be frozen the commercial paper market, which corporations depend on for their short-term borrowing needs.
Outside professional management of your commercial paper program is highly recommended.
Copyright © 2013 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT