Definition of Commercial paper

Campbell R. Harvey's Hypertextual Finance Glossary
Commercial paper
Short-term unsecured promissory notes issued by a corporation. The maturity of commercial paper is typically less than 270 days; the most common maturity range is 30 to 50 days or less.

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Commercial paper definition was found in categories: Language, Idioms & Slang(1)  Law(1)  Business & Finance(5)  Sports(1)  Encyclopedia(1)  

Commercial paper Definition from Language, Idioms & Slang Dictionaries & Glossaries

WordNet 2.0
commercial paper

Noun
1. an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
(hypernym) cash equivalent



The 'Lectric Law Library
Commercial Paper
Bills of exchange (drafts), promissory notes, bank checks, and other negotiable instruments for the payment of money, which are such instruments by virtue of their form.


Commercial paper Definition from Business & Finance Dictionaries & Glossaries

BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin.
Commercial Paper
Unsecured short-term debt, usually from 2 to 270 days, issued by banks and corporations, which is generally safe and flexible. It is usually a major component of money market fund investment portfolios

UNODC Money-Laundering Terms
Commercial Paper
A short-term, unsecured debt instrument issued by a corporation and sold at a discount from its maturity value.

Mutual Fund Glossary
Commercial paper
Short-term loans to corporations.

Bond Professor's Glossary
Commercial Paper
Short term, unsecured promissory notes issued by corporations and due in 270 days or less. Commercial paper proceeds must be used to finance current transactions such as operating expenses, receivables and inventories.

Sean_Woo's Finance,GIS & Real Estate Glossary
commercial paper
Short-term, unsecured, and negotiable notes sold by one company to another in order to satisfy immediate cash needs


Commercial paper Definition from Sports Dictionaries & Glossaries

maritime&shipping&trade
Commercial Paper
Negotiable instruments used in commerce


Commercial paper Definition from Encyclopedia Dictionaries & Glossaries

Wikipedia English - The Free Encyclopedia
Commercial paper
Commercial paper is a money market security issued by large banks and corporations. It is generally not used to finance long-term investments but rather to purchase inventory or to manage working capital. It is commonly bought by money funds (the issuing amounts are often too high for individual investors), and is generally regarded as a very safe investment. As a relatively low risk option, commercial paper returns are not large. There are four basic kinds of commercial paper: promissory notes, drafts, checks, and certificates of deposit.

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