View synonyms for commercial paper

commercial paper

noun

negotiable paper, as drafts, bills of exchange, etc., given in the course of business.
corporate promissory notes, usually short-term and unsecured, sold in the open market.

commercial paper

a short-term negotiable document, such as a bill of exchange, promissory note, etc, calling for the transference of a specified sum of money at a designated date

An Americanism dating back to 1830–40

Only banks should be allowed to issue money market mutual funds, commercial paper, and repos.

It invests your money in many different forms of credit-bonds, commercial paper, mortgages and many other kinds of loans.

The money-market fund industry nearly collapsed, as many money-market funds had Lehman Brothers commercial paper.

It was the American representative of an English house whose commercial paper our house frequently used.

In addition to this, he dealt more largely in commercial paper than any other man in the city and perhaps in the Union.

The reference was to commercial paper and not to bank-notes.

This bank issued circulating notes, discounted commercial paper and aided the government in its financial operations.

For ordinary commercial paper the rates run from four to eight per cent.

April 22, 2024steadfast

[sted-fast]

Start each day with the Word of the Day in your inbox!

By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies.

Browse