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commercial paper
(redirected from Short-Term Paper)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
commercial paper
n.
Short-term, unsecured, discounted, and negotiable notes sold by one company to another in order to satisfy immediate cash needs.

commercial paper
n
(Economics, Accounting & Finance / Banking & Finance) 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
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.commercial paper - an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
cash equivalent - a highly liquid debt instrument with maturities of less than three months


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Consumers, too, are showing strong preference for short-term paper when they are looking for places to park cash, said Colby, who indicated credit unions will see lower demand for longer-term certificates of deposit and greater demand for highly liquid instruments such as money market accounts.
lt;p>According to the Economist Intelligence Unit, the Saudi fixed-income security market consists of short-term paper issued by the Treasury (Treasury bills), with a maturity of up to one year, and bonds issued by the government through SAMA, which range in maturity from two to 10 years.
[GRAPHIC OMITTED] [GRAPHIC OMITTED] The issuance of very short-term paper dropped dramatically with the new source of longer-term funding and stayed low as the longer-term issues held began to roll over in late January.
 
 
 
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