See Also: Commercial paper(finance)
Commercial Paper(money)
Euro commercial paper(finance)
Euro-commercial paper(money)
Paper Money(money)
PAPER MONEY(law)
paper money(dictionary)
Tight money or dear money(finance)
Commercial Value(money)
commercial(dictionary)

Commercial Paper (money)


Definition: Unsecured, short-term promissory notes used by major corporations. The rate of interest on commercial paper is usually below the prime rate.

Definition: [crh] 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 lDefinition: ess.