commercial paper
negotiable paper, as drafts, bills of exchange, etc., given in the course of business.
corporate promissory notes, usually short-term and unsecured, sold in the open market.
Origin of commercial paper
1Words Nearby commercial paper
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use commercial paper in a sentence
Only banks should be allowed to issue money market mutual funds, commercial paper, and repos.
Why it would be a huge mistake to allow Big Tech firms to acquire banks | jakemeth | November 26, 2020 | FortuneIt invests your money in many different forms of credit-bonds, commercial paper, mortgages and many other kinds of loans.
The money-market fund industry nearly collapsed, as many money-market funds had Lehman Brothers commercial paper.
Debt-Limit Disaster Is Exponentially Worse Than 2008 Lehman Debacle | Daniel Gross | October 8, 2013 | THE DAILY BEASTIt was the American representative of an English house whose commercial paper our house frequently used.
My Life in Many States and in Foreign Lands | George Francis TrainIn addition to this, he dealt more largely in commercial paper than any other man in the city and perhaps in the Union.
The reference was to commercial paper and not to bank-notes.
Martin Van Buren | Edward M. ShepardThis bank issued circulating notes, discounted commercial paper and aided the government in its financial operations.
For ordinary commercial paper the rates run from four to eight per cent.
Up To Date Business | Various
British Dictionary definitions for commercial paper
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 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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