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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 ?
I tell you seriously, if the newspapers of Europe had one and all decided not to take the smallest notice in print of the war between France and Germany, it is my firm conviction the war would have come to an end for want of encouragement long since.
"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."
"God bless my soul!" exclaimed the three gentlemen--and offered the three newspapers.
It was the newspapers that were responsible for the next disaster that befell him.
The selling of newspapers had its birth in Constantinople about a year ago, and was a child of the Prussian and Austrian war.
"I am looking through old newspapers," she resumed, "beginning with the year eighteen hundred and seventy-six."
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!'--adding in the same breath 'Now for the next party!' and then plunging deep into his newspaper again.
The remembrance of her first evening in that room, of her father and his newspaper, came across her.
In the morning he dressed and shaved, ordered breakfast and the newspapers sent up, and waited.
Seest thou not the souls hanging like limp dirty rags?--And they make newspapers also out of these rags!
Next I tried the newspapers. I wrote a quiet, restrained, dispassionate account of Jackson's case.