paper


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Paper

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.

paper

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

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.

paper

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 classic literature ?
There are things in that paper that nobody knows but me, or ever will.
One of these paragraphs tells about a quarrel between the Czar of Russia and his eldest son, twenty-one and a half lines; and the other tells about the atrocious destruction of a peasant child by its parents, forty lines, or one-fifth of the total of the reading-matter contained in the paper.
He had had them two papers all fixed and ready, and he had put one of them in place of t'other right under our noses.
Having released his noble bosom of its burden, he would have modestly withdrawn himself, but that the wigged gentleman with the papers before him, sitting not far from Mr.
Reed and cloth came down to me, and I found another paper and a hundred crowns in gold, without any other coin.
He read and re-read the paper, fearing the worst had hap- pened to me.
Certainly neither I nor Fernand," said Danglars, rising and looking at the young man, who still remained seated, but whose eye was fixed on the denunciatory sheet of paper flung into the corner.
He rummaged in his coat pocket, and, drawing out a piece of discoloured, blue-tinted paper, he laid it out upon the table.
The beginning of Lord Merivale's Birmingham speech," replied March, handing him the paper.
Holmes took up the scrap of paper, a fac-simile of which is here reproduced.
And coming to look at that paper at your full leisure and convenience--all in good time, for you're not curious to read it, and why should you be?
There is one paper published here in the English language--The Levant Herald--and there are generally a number of Greek and a few French papers rising and falling, struggling up and falling again.