Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of
accounts receivable, inventories and meeting short-term liabilities. Maturities on commercial paper rarely range any longer than 270 days. Commercial paper is usually issued
at a discount from face value and reflects prevailing market interest rates.
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Commercial Paper
What is 'Commercial Paper'
<span>Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories and meeting short-term liabilities. Maturities on commercial paper rarely range any longer than 270 days. Commercial paper is usually issued at a discount from face value and reflects prevailing market interest rates.
BREAKING DOWN 'Commercial Paper'
Commercial paper is not usually backed by any form of collateral, making it a form of unsecured debt. As a resu Summary
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