Commercial Paper


  • Unsecured notes issued by companies and maturing within nine months. Typically, commercial paper is issued only by the larger and more credit worthy companies.

unsecured note, promise


Related Terms and Acronyms

  • Investment Definition,
    • Something you put your money into in order to make money.
  • Note Definition,
    • A legal acknowledgement of a debt and an implicit promise to repay. It includes the loan amount, interest rate and term.
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