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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


A short-term unsecured note. This is generally used interchangeably with the term commercial paper.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.


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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.


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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
" "Congress going paperless as main method of communication should be definitely supported.
"OK, let's go paperless. But when needed, only use paper for emergency and urgent communication," added Esther Pacheco, President Concerned Citizens Advocating Philippine Environmental Sustainability (COCAP).
Pinnacle's Delese Noble, Director, Construction Administration and Accounting, is also a paperless proponent, because it takes the responsibilities of processing the paperwork of leasing, renewals and cash and checks off the onsite team.
The government has an ongoing initiative to make Dubai a completely paperless society by December 12, 2021.
"We have achieved remarkable results, reducing paper consumption by 57 percent in the six entities participating in phase one of the Dubai Paperless Strategy," said Dr.
He also launched the second phase of the Dubai Paperless Strategy, which includes four new customer journeys while directing eight government entities to begin implementing the Dubai Paperless Strategy - Dubai Courts, Dubai Municipality, Dubai Public Prosecution, Knowledge and Human Development Authority, Dubai Health Authority, Community Development Authority, Dubai Airports, and Dubai Customs.
Lootah said technology, legislation and a paper-free culture are the three pillars of the Dubai Paperless Strategy.
This year, we will look at a series of FinTech topics, including our very own paperless banking solutions, as well as our partners' identity scanning and biometric solutions.
He said business permits, clearances, other similar documents that involve the public are not included in the paperless transactions.
The report also finds that more than half of the regional trade agreements (RTAs) which have entered into force since 2005 globally include paperless trade provisions, with a large majority of these agreements now featuring one or more commitments aiming to exchange trade-related data and information electronically.
The project is in line with the ambitious initiative of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and chairman of the Dubai Executive Council, which seeks to establish the government of the future by 2021 - a government that is completely paperless and requires no physical visits from customers.
Her Excellency Dr Aisha Bint Butti Bin Bishr, Director-General of the Smart Dubai Office (SDO), said: "Inspired by the UAE leadership's commitment to build the future today, Smart Dubai launched the Paperless Finance system to play our part in ending all paper transactions in the Government by the year 2021, which seeks not only to trading paperwork for digital transactions but also, and more importantly, to save time and effort and increase productivity for both government entities and their customers.