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)
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'
Related Terms of 'commercial paper'
Source
Definition of commercial paper from the
Collins English Dictionary
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