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commercial paper

Syllabification: com·mer·cial pa·per

Definition of commercial paper in English:

noun

Short-term unsecured promissory notes issued by companies.
Example sentences
  • But we do know that only $194 billion of the $1.4 trillion of outstanding commercial paper has been issued by ‘non-financial’ borrowers.
  • The fund is invested in high-quality, short-term financial instruments including commercial paper, certificates of deposit, fixed bonds, floating rate notes, corporate and bank paper and deposits.
  • It is at this point worth noting that there were a stunning $1.15 trillion of outstanding financial sector commercial paper borrowings as of Wednesday.

Definition of commercial paper in:

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Word of the day orthoepy
Pronunciation: ôrˈTHōəpē
noun
the correct or accepted pronunciation of words