Commercial Paper (noun) Definition, Meaning & Examples

noun
  1. negotiable paper, as drafts, bills of exchange, etc., given in the course of business.
  2. corporate promissory notes, usually short-term and unsecured, sold in the open market.
noun
  1. 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
Commercial Paper (noun) Definition, Meaning & Examples

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