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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 ?
China's dissolving pulp capacity soared from 2011, and had climbed to 1.
Fleet says although each of their two OSB mills use more than 50,000 megawatt hours of power annually, he was disappointed the rebate program is restricted to only largescale pulp and paper mills.
Why Veracel developed long-term partnerships to help operate its new pulp mill
Much of that pollution is the byproduct of the three million tons of chlorine used annually to bleach wood pulp white.
We have shown that sex ratios of eelpout broods in the vicinity of a pulp mill were male biased in 1997, 1998, and 2000.
Because of the fiber morphology, the pulp fibrils have a surface of aromatic rings and amide groups.
Projects included a new wood room in 1982 which handles 700,000 cords per year (predominantly jack pine and spruce), a new pulp machine in 1982 which produces 780 metric tons of bleached kraft pulp per day, a stud mill in 1983 with a running capacity of 265,000 board feet per day and a new white-paper machine which produces 300 metric tons of white paper per day.
Moreover, the number of petentially toxic chemicals formed by pulp bleaching complicates assessments of whether any need exists to limit them, note Donald Mackay and his University of Toronto colleagues in the July 1988 CHEMOSPHERE.
On a proforma basis, considering the asset swap with International Paper that will become effective in February 2007, Votorantim Celulose e Papel (VCP) is the third largest producer of market pulp and uncoated paper in Brazil and the leading manufacturer of coated paper.
The effects of the oxygen delignification operation upon pulp physical properties were also determined.
The Grays Harbor tonnage will mean capacity operations at the Halsey mill during weak international pulp markets.
Which companies would give investors the best exposure to taking advantage of an opportunity in the pulp industry?