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Definition of Commercial paper
1. Noun. An unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash.
Definition of Commercial paper
1. Noun. (context: finance) A negotiable instrument with short maturity. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Commercial Paper
Literary usage of Commercial paper
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Financial Organization of Society by Harold Glenn Moulton (1921)
"THE ECONOMIC SIGNIFICANCE OF commercial paper HOUSES The commercial paper ...
From the standpoint of the bank, the purchase of commercial paper offers an ..."
2. Papers and Proceedings of the Annual Meeting by American Economic Association (1917)
"The future of taxable bond prices depends on what Europe is to do with her debt
after the war is over. Concerning this, nobody knows. commercial paper. ..."
3. Money and Banking Illustrated by American History, Rev. and Continued to the by Horace White (1911)
"APPENDIX E commercial paper ELIGIBLE FOR REDISCOUNT The Reserve Bank Organization
Committee, on February 6, requested the New York Clearing House ..."
4. The Government and Laws of the United States: Comprising, a Complete and by William B. Wedgwood (1866)
"COMMERCIAL paper is divided into two classes—negotiable and non-negotiable.
Negotiable commercial paper is that which may be freely transferred from one ..."
5. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1916)
"pany; but the Seattle bank, in view of its relation to the commercial paper
involved, was entitled to demand an accounting from its correspondent, ..."
6. The Merchants' Magazine and Commercial Review by Isaac Smith Homans, William Buck Dana (1860)
"This is mainly effected upon the books of banks and dealers in commercial paper.
These agents, or intermediates in the busines» of payment, give credit on ..."
7. A Treatise on the Law of Damages: Embracing an Elementary Exposition of the by Jabez Gridley Sutherland (1893)
"Methods toy which suretyship assumed for commercial paper. A contract of suretyship
may arise in various ways in connection with commercial paper. ..."
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