Commercial paper, in the global financial market, is an unsecured promissory note with a fixed maturity of no more than 270 days. Commercial paper is a money-market security issued (sold) by large corporations to obtain funds to meet short-term debt obligations (for example, payroll), and is backed only by an issuing bank or corporation`s promise....
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Unsecured short term corporate debt....
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Short-term, unsecured promissory notes, generally issued by large corporations (unsecured corporate IOUs).
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Short-term, negotiable debt of a firm; thus a bond of short maturity issued by a company.
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http://www-personal.umich.edu/~alandear/glossary/c.html
(from the article `money market`) Commercial banks are at the centre of most money markets, as both suppliers and users of funds, and in many markets a few large commercial banks ... Commercial paper, a third source of short-term credit, consists of well-established firms` promissory notes sold primarily to other businesses, ... [2 r...
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http://www.britannica.com/eb/a-z/c/116
commoditized short-term corporate debt. Contexts: finance
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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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Short-term debt issued by banks, corporations and other borrowers. The debt is unsecured and is backed only by the company's reputation. It is like an I.O.U. with interest.
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Short term, unsecured bills issued by commercial organisations. As they are unsecured the organisation usually has a good credit rating. Commercial paper may be used to defer the use of long term finance.
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Similar to MBS but backed by loans secured with commercial rather than residential property. Commerc
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http://www.encyclo.co.uk/local/22402
An unsecured and unregistered short-term agreement in which organizations can borrow money from investors who cannot take the assets from the organization if the loan is not repaid
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Unsecured short-term promissory notes used by companies to obtain cash. They are sold through dealers in the open market or directly to investors. The maturity
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A short-term, discounted, unsecured note issued by banks and corporations with shorter maturities... <a target=_blank href='http://www.finance-glossary.com/terms/commercial-paper.htm?id=271&ginPtrCode=00000&PopupMode=false' title='Read full definition of commercial paper'>more</a>
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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.
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http://www.lectlaw.com/def/c172.htm
Is an unsecured, short-term instrument. It has a maximum maturity of 270 days. It is issued by companies which have high credit ratings. This instrument is a cash management tool to finance short-term financial needs. It should be noted that corporate downgrades or bankruptcies can severely damage the value of these instruments.
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[
n] - short-term obligations issued by institutional borrowers to investors with temporarily idle cash
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http://www.webdictionary.co.uk/definition.php?query=commercial%20paper
noun an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
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negotiable paper, as drafts, bills of exchange, etc., given in the course of business. · corporate promissory notes, usually short-term and unsecured, sold in the open market.
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https://www.infoplease.com/dictionary/commercial-paper
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