commercial paper

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commercial paper

n.
An unsecured debt instrument issued by a business to finance short-term cash needs, often traded in money markets.

commercial paper

n
(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

commer′cial pa`per


n.
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.
[1830–40, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
Translations
billet de trésorerie
References in periodicals archive ?
Even so, the executor will, in the absence of a discharge from liability issued by the IRS, be held personally liable for payment of the estate tax even if the estate is solvent.
The members of the board of directors, the CEO and the deputy CEO were granted discharge from liability of for the financial year 2015/16.
The AGM also approved the discharge from liability for the members of the Board of Directors and the Managing Director.
Evidence that illustrates wrongdoing, negligence and malfeasance through photographs, detailed reports, and testing can mean the difference between an adverse judgment and a complete discharge from liability.
F-Secure Oyj (HEL:FSC1V) on Wednesday reported that at the Annual General Meeting, held on 5 April 2017, the financial statements for the financial year 2016 were confirmed and members of the board and the president and CEO were granted discharge from liability.
Aspocomp Group Oyj (HEL:ACG1V) on Thursday reported that at the Annual General Meeting, held on 23 March 2017, the annual accounts and the consolidated annual accounts for the financial period 2016 were adopted and the members of the board of directors and the CEO were granted discharge from liability.