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commercial paper

   Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.04 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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His business was that of discounting commercial paper in the quartier Saint-Martin, where he was known by the nickname of "Gigonnet," from the nervous convulsive movement with which he lifted his legs in walking, like a cat.
Bureaucracy by de Balzac, Honore View in context
The industrial and commercial papers treated the question chiefly from this point of view.
20,000 Leagues Under The Sea by Verne, Jules View in context
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