Commercial Paper

Commercial paper is a term used in finance and capital market for a document containing a short term promise to repay a fixed amount that is placed on the market either directly or through a specialized intermediary. It is usually issued by companies with a high credit standing in form of a promissory note redeemable at par to the holder on maturity and therefore does not require any guarantee.

Nearby pages
Commercial Timber, Commercial Volume Table, Commission, Committed Expenditure, Committee of Public Safety