commercial paper(redirected from Discharge from Liability)
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An unsecured debt instrument issued by a business to finance short-term cash needs, often traded in money markets.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
1. negotiable paper, as drafts or bills of exchange.
2. corporate promissory notes, usu. short-term and unsecured, sold at a discount in the open market.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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|Noun||1.||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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
billet de trésorerie