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Definition of 'commercial paper'

Word Frequency

commercial paper in British

noun
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. Copyright © HarperCollins Publishers
Word Frequency

commercial paper in American

US
1. 
negotiable instruments, as bills of exchange, used regularly in the course of business
2.  Finance
short-term promissory notes issued by large corporations and sold to investors either directly by the issuer or through dealers
Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.
Word Frequency

commercial paper in Finance

(kəmɜrʃəl peɪpər)
Word forms: (regular plural) commercial papers
noun
(Finance: Investment)
Commercial paper refers to short term loans issued by large corporations without any security.
Since it is not backed by collateral, only firms with excellent credit ratings from a recognized rating agency will be able to sell their commercial paper at a reasonable price.
The most common maturity range of commercial paper is 30 to 50 days or less.
Commercial paper refers to short term loans issued by large corporations without any security.
Collins English Dictionary. Copyright © HarperCollins Publishers

Trends of 'commercial paper'

Used Rarely. commercial paper is in the lower 50% of commonly used words in the Collins dictionary

View usage for:

Nearby words of 'commercial paper'

  • commercial college
  • commercial exploitation
  • commercial law
  • commercial paper
  • commercial television
  • commercial traveler
  • commercial traveller

  • All ENGLISH words that begin with 'C'

Related Terms of 'commercial paper'

  • euro-commercial paper

Source

Definition of commercial paper from the Collins English Dictionary

The past continuous tense

Typical forms of this tense are as shown in: I was winning. but not I was liking it. She was winning.   They were winning.   Was I winning? Was she winning? Were you winning? I was...
Read more about 'The past continuous tense'
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