commercial paper love

commercial paper

Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. Short-term, unsecured, discounted, and negotiable notes sold by one company to another in order to satisfy immediate cash needs.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A negotiable instrument with short maturity.

from the GNU version of the Collaborative International Dictionary of English

  • adj. negotiable paper given in due course of business. It includes bills of exchange, promissory notes, bank checks, etc.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash

Etymologies

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Examples

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Comments

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  • Spam!

    January 31, 2009

  • Money market needs to be rolling and real estate can help in time of crisis. So small investments now can result in huge returns in the next decade or so.

    Raj
    MLS listings

    January 31, 2009

  • “Money market funds serve a critical role in greasing the wheels of commerce. They use investors’ money to make short-term loans, known as commercial paper, to big corporations like General Motors, I.B.M. and Microsoft. Commercial paper is attractive to money market funds because it pays them a higher interest rate than, say, United States Treasury bills, but is still considered relatively safe.�?

    The New York Times, 36 Hours of Alarm and Action as Crisis Spiraled, by Joe Nocera, October 1, 2008

    October 2, 2008