Commercial paper
Short-term, unsecured promissory notes issued by corporations with a high credit ratings. Their maturity ranges up to 270 days. |
Similar financial terms
Commercial draftDemand for payment.
Commercial risk
The risk that a foreign debtor will be unable to pay its debts because of business events, such as bankruptcy.
Commercial Grain Stocks
Domestic grain in store in public and private elevators at important markets and grain afloat in vessels or barges in lake and seaboard ports.
Commercial Paper
Short-term promissory notes issued in bearer form by large corporations, with maturities ranging from 5 to 270 days. Since the notes are unsecured, the commercial papers market generally is dominated by large corporations with impeccable credit ratings.
Trading paper
CDs purchased by accounts that are likely to resell them. The term is commonly used in the Euromarket.
Paper gain (loss)
Unrealized capital gain (loss) on securities held in portfolio, based on a comparison of current market price to original cost.
Paper
Money market instruments, commercial paper and other.
