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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 ?
To opt in or for more information about Cable ONE paperless billing, customers can visit www.
As we use technology, we move to paperless banking, currency-less business operations; the possibility of black money will gradually become negligible.
Long passenger lines as a result of congestion and slow processing have been a concern at the NAIA and with the paperless processing system at NAIA Terminal 2, it is expected that queues would be shorter and faster moving.
BlitzDocs' tight integration with our process-oriented systems enables paperless collaboration that helps us more clearly communicate loan requirements," said Jim Connell, chief information officer for Sierra Pacific Mortgage, Folsom, California.
Ticketmaster has successfully implemented Paperless Ticket technology before at The O2 London for concerts by Metallica and the Who, as well as showcase concerts by The Libertines at The Forum and Arcade Fire at the Hackney Empire.
As a further incentive to go paperless, TitleVest is including the preparation of ACRIS E-Tax Forms (i.
You still have a long way to go before you're ready to declare your office paperless and start chalking up significant operating savings.
Key to going paperless is ensuring that all employees who work out of the office use a laptop.
Allayaud said producing a paperless budget would save both trees and the energy required in past years to print the document.
Social Security Administration hopes its efforts to go paperless by 2005 will save money and ease the crushing backlogs that have plagued the program for more than a decade.
Contrary to notions of paperless offices floated by futurists in the late 1980s and early 1990s" the report said, "the consumption of office paper has gone up substantially in recent years.
The cost and time required to manage so much paper has long made going to fully electronic, paperless claims management systems an attractive option.