commercial paper

/kəˌmʌrʃəl ˈpeɪpər/
IPA guide

Other forms: commercial papers

Definitions of commercial paper
  1. noun
    an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
    see moresee less
    type of:
    cash equivalent
    a highly liquid debt instrument with maturities of less than three months
Cite this entry
Style:
MLA
  • MLA
  • APA
  • Chicago

Copy citation
DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘commercial paper'. Views expressed in the examples do not represent the opinion of Vocabulary.com or its editors. Send us feedback
Word Family