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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 ?
We do not want even to read yesterday's newspapers, for newspapers seem to hold for us only the interest of the day.
I thought newspapers came out every day, or every week at least," said Dan.
I only know that he was a quiet-living, decent sort of a chap, but, as I put it to our young friend the newspaper man, he was a crank.
There's only one thing I can tell you, and that is that I believe he had a lot more money on him than the amount mentioned in your newspapers this morning.
Reporters for the newspapers raced, in frantic procession, out of the inn, and rushed into cabs to put the news in print.
It was the newspapers that were responsible for the next disaster that befell him.
Under these circumstances, if the American metropolitan newspapers were published here in Constantinople, their next commercial report would read about as follows, I suppose:
Are you searching those old newspapers with any particular object in view?
Kit was on the point of mustering courage to ask Barbara's mother about Barbara, when the turnkey who had conducted him, reappeared, a second turnkey appeared behind his visitors, and the third turnkey with the newspaper cried 'Time's up
Fanny read to herself that "it was with infinite concern the newspaper had to announce to the world a matrimonial fracas in the family of Mr.
In the morning he dressed and shaved, ordered breakfast and the newspapers sent up, and waited.
The three local newspapers rejected my communication, likewise did the two weeklies.