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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 ?
BLUNDERING exam bosses have sent a grovelling apology to Chinese community leaders after putting racist slurs in test papers
Specifically, there is demand for three types of indicator testing: testing through aerosol with test paper, test through ampoules and testing through a cloth.
The committee at an Education Workforce Council professional standards hearing in Cardiff concluded yesterday that Mr Millard allowed pupils to revisit their test papers to correct mistakes and were given back their papers after they had been marked to change incorrect answers.
KARACHI -- The process for admissions 2016 has started at the Sir Syed University of Engineering and Technology (SSUET) with the sale of prospectus and model test papers.
The NUT Cymru poll follows a similar survey conducted by Welsh teachers' union Ucac, which found that blanket test papers were "too challenging" for some pupils, including those with additional learning needs.
The panel found the then head and her deputy had changed a 'significant number' of Year Six mental maths test papers, sat in May last year, to enhance the school's results.
His performance too has improved - he just scored 47 out of 50 in one of his test papers.
Mobile phones, text books, test papers, calculators and other items which can be helpful for the exams would not be allowed in the examination halls, he added.
The test papers would be sent to Cambridge University for marking.
Dr Paul Evans currently teaches at Denbigh High School but also has duties as an examiner for the Welsh Joint Education Committee, who are responsible for drawing up test papers.
The more than 500 problems with solutions presented here are based on the PhD qualifying test papers of influential universities in North America.
The national qualification examination for nurses was held Sunday at around a dozen venues across Japan, with test papers including English translations of medical terms to aid foreign applicants.