FT MarketWatch

Commercial paper

An unsecured Obligation issued by a corporation or bank to Finance its short-term Credit needs, such as Accounts receivable and inventory. Maturities typically Range from 2 to 270 days. Commercial paper is available in a wide Range of Denomination, can be either discounted or Interest-bearing, and usually have a limited or nonexistent secondary Market. Commercial paper is usually issued by companies with high Credit ratings, meaning that the investment is almost always relatively Low risk.

Related Terms: 33 Account, Accounts receivable, Bear, Call, Commercial paper, Credit, Denomination, ECU, Finance, FIN, High, High credit, Interest-bearing, Interest, ITS, Low, Merc, Mean, Market, Obligation, Paper, Rating, Risk, Range, Ratio, Ring, SEC, Secondary market, Short-term, Sue, Short, Term, Unsecured
Other Related Pages: Category: Bonds Starting With: C
Semi Related Terms: 930 CLICK HERE TO VIEW