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Commercial Paper

An unsecured, short-term debt security issued by a corporation. Commercial paper is usually issued at a discount from par, and is a popular investment with mutual funds. It usually is issued in large denominations (over $250,000) and has a maturity of less than 270 days, with most maturing within one or two months of issue. It is a highly liquid investment and forms part of the money market. It is often simply called paper.


A short-term unsecured note. This is generally used interchangeably with the term commercial paper.


Short-term, unsecured debt securities that a corporation issues are often referred to as paper -- for short-term commercial paper. The term is sometimes used to refer to any corporate bonds, whether secured or unsecured, short or long term.


Slang for promissory notes.If a seller is willing to provide some or all of the financing for a property, the seller would say,“I'm willing to hold some paper.” Lenders who specialize in loans to borrowers with less-than-ideal credit histories are said to specialize in B paper.

References in periodicals archive ?
2) CSUN science professor Dean Skorlin tests acidity with litmus paper for Melissa Lopez, left, and Sandra Berenice Diaz.
In order to do this we squashed a nettle and a dock leaf we looked at their juices and put some litmus paper on them to see which colour it turned.
The crews used litmus paper to test the pH of the liquid.
Police have been testing drinks bottles with litmus paper for alcohol, talking to young people and test purchasing to check shops are not selling to those under age.
This exhibition holds a litmus paper to taste in the city, examining the historical context while also exploring contemporary preferences.
Similar to Litmus paper, there is a color correlation chart that allows you to determine the pressure being measured.
If the acid test is the ability to be alluring and soul-stirring regardless of the quality of the racing, the size of the crowd or the clemency of the weather, then Ludlow will turn the litmus paper pink every time.
If it tastes good (as vinegar), I'd go ahead and use it for salads and cooking and such, though probably not for pickles since you wouldn't know if the acid content is high enough to be safe (unless you get some appropriate litmus paper and test it).
Inventor Mike Reimer got the idea after years of watching his colleagues tape pieces of pH paper and a military litmus paper called M8 to their hazardous materials suits.
Another UK supplier could not work out that a French company asking for a supply of "sunflower paper" ("papier de tournesol") wanted litmus paper.
The technique is similar to using litmus paper to determine if a solution is acidic by seeing if the paper changes from blue to pink.
For the rest of us - at least those who prefer ``whys'' to ``hows'' and thus ditched the study of science after Bunsen burners and litmus paper - learning to love the Net amounts to militarily imposed re-education camp.