| / English Dictionary |
COMMERCIAL PAPER
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
An unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("commercial paper" is a kind of...):
cash equivalent (a highly liquid debt instrument with maturities of less than three months)
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