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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 ?
Knowing what the IT capabilities and standards are before trying to set up a paperless claims office is a wise first move.
Until something better replaces the CYA memo, there will be no paperless office.
Under the paperless system, this deadline also would not change if the return's original due date is automatically extended-even though no extension request form or forms are filed.
Emphasis was always placed on the individual's needs and desires so the department members took ownership and pride in the successful implementation of their paperless project.
The paperless program is available through the securities depositories so long as the initial purchasers or managing underwriters are members of, or clear accounts through institutions that are members of, one of the depositories.
Top Venues With Permanent Paperless Integration: United States: Verizon Arena, North Little Rock, Ark.
Currently in force at the Smart Dubai Government Establishment (SDG), paperless finance has proven successful in saving time and effort, while providing fast, secure and paperless services.
A staunch supporter of the Paperless Day initiative, ADGAS has continually managed to reduce paper use throughout the three years of the campaign.
The Advectis-sponsored study examined trends in paperless mortgage loan processing, including plans to implement paperless solutions, key requirements of paperless technology and desired benefits.
Firms operating in a paperless environment have a significant competitive advantage over their paper-shuffling colleagues.
Since the beginning of the computer age, pundits have predicted the arrival of the paperless office.