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 denominations, 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 information about commercial paper:
- Commercial paper - Wikipedia, the free encyclopedia
In the global money market, commercial paper is an unsecured promissory note with a fixed maturity of 1 to 271 days. Commercial paper is a money-market ...
- Commercial Paper Definition | Investopedia
An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories and meeting short-term liabilities.
- FRB: Commercial Paper Rates and Outstanding Summary
The commercial paper release will usually be posted daily at 9:45 a.m. However, the Federal Reserve Board makes no guarantee regarding the timing of the ...
- Commercial Paper News - The New York Times
News about commercial paper. Commentary and archival information about commercial paper from The New York Times.
- GE Commercial Paper - Rate Information, Fees, Minimum Investment
Learn more about GE commercial paper. Find rates, range of maturities, fees & more.
- Commercial Paper - Financial Dictionary - The Free Dictionary
Short-term promissory notes either unsecured or backed by assets such as loans or mortgages issued by a corporation. The maturity of commercial paper is ...
- Commercial Paper - Legal Dictionary - The Free Dictionary
A written instrument or document such as a check, draft, promissory note, or a certificate of deposit, that manifests the pledge or duty of one individual to pay ...
- Commercial Paper
Commercial paper is the most prevalent form of security in the money market, ... The main issuers of commercial paper are finance companies and banks, but ...