commercial paper
commercial paper · commercial papers
A negotiable instrument with short maturityA negotiable instrument with short maturity.
Meaning
1 senses(countable, uncountable)A negotiable instrument with short maturity.
Only well-known retailers have a chance to bypass the banks and issue their own commercial paper.
More definitions
- an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
Forms
plural: commercial papers| Singular | commercial paper |
|---|---|
| Plural | commercial papers |
regular
Word family
3 related wordsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable