Negotiable instruments such as commercial paper, notes, or bills of exchange, that are accepted at a discount window in exchange for loans.  The bank acquires the eligible paper at a discount, and in many cases it is accepted by the Federal Reserve Bank for rediscount.
Related information about eligible paper:
- Eligible Paper: Definition from Answers.com
 Eligible Paper Notes, drafts, bankers' acceptances, and negotiable instruments   that are acceptable collateral for Discount Window loans at a Federal Reserve.
 
- What is eligible paper? definition and meaning
 Definition of eligible paper: Negotiable instruments such as commercial paper, ...   The bank acquires the eligible paper at a discount, and in many cases it is ...
 
- Eligible paper - Merriam-Webster Online
 notes and bills designated as proper for rediscount by the Federal Reserve   banks. This word doesn't usually appear in our free dictionary, but the definition   from ...
 
- What is ELIGIBLE PAPER? - The Law Dictionary
 Definition of ELIGIBLE PAPER: Shortterm financial instruments (such as   GOVERNMENT BILLS, CERTIFICATES OF DEPOSIT, BANKER.
 
- Eligible Paper - Definition of Eligible Paper - QFINANCE
 Definition of eligible paper from QFinance - The Ultimate Financial Resource.   What is eligible paper? Definitions and meanings of eligible paper.
 
- Practically All Banks Have Paper Eligible For Rediscount
 Nov 11, 2012 ... It is probable that the small institutions have an even larger proportion of eligible   paper than the larger ones, and no item is too small in size to ...
 
- Amazon.com: Brown - AmazonGlobal Eligible / Paper & Paper Crafts ...
 Results 1 - 24 of 43 ... Online shopping for Paper & Paper Crafts from a great selection of Arts, Crafts &   Sewing; Craft Supplies, Paper, Templates & Stencils, ...
 
- Paper Eligible for Rediscount at Federal Reserve Banks ... - JStor
 or as a matter of practical expediency, to make eligible paper arising only from   commercial operations, as distinct from in? vestment undertakings, has often ...