Commercial Paper
Definition
Short-term promissory notes issued in bearer form by large corporations, with maturities ranging from 5 to 270 days. Since the notes are unsecured, the commercial paper market generally is dominated by large corporations with impeccable credit ratings.
Related Terms Other terms related to 'Commercial Paper' starting with the letter 'C' CCC, Credit Default Option, CFTC, Controlled Account, Congestion Browse by Letter » A B C D E F G H I J K L M N O P Q R S T U V W Y Z
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