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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 ?
Along with other youngsters entering for the 11 plus she will take two test papers at the end of November prior to the 11plus exam on December 2 and 9.
[USPRwire, Tue Apr 23 2019] Test paper for disinfectants are in high demand from pharmaceutical, pesticide, medical & healthcare industries.
'From the formation of the test paper to dispatching it securely to the examinations centres is the responsibility of NTS,' he said.
KARACHI -- The Sindh High Court (SHC) reserved its judgment about the leak of National Testing Service (NTS) test paper for medical colleges and universities here on Thursday.
It will, of course, never appear on any national test paper or on the allied documentation (any more than would 'strive and triumph' or 'squirm and tremble' etc).
The bench also ordered the removal of those teachers from ETEA test committee who had prepared and checked the entry test paper since none of the teachers, who appeared in the court, could defend the answers.
Earlier, a NAB team had raided the NTS's headquarters in relation to alleged test paper leak matter and arrested four NTS officials including NTS chief Dr.
A PUPIL left stranded when a ferry broke down yesterday thanked the stranger with a speedboat who stopped her missing a vital test paper.
There will be no interviews this year, but students will select a specialization and will be required to answer subject related questions in the aptitude test paper, the official added.
During Tuesday's hearing, the bench touched on the leakage of the test paper for the medical universities entrance tests and the problems students had to face at the hands of ETEA.
He said it is yet to be proved that the NTS entry test paper was actually leaked, but instead of waiting for completion of inquiry the government ordered cancellation of this test and conducting a fresh test, which the candidates who had passed this test and their parents also consider a grave injustice.