NOUN
- an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
How To Use commercial paper In A Sentence
- The rating firm said the company is more reliant on its revolving credit lines because of the elimination of commercial paper.
- Seemingly the safest of all securitised corporate lending is the market for commercial paper.
- The spirit of high adventure isn't one you'd normally associate with Commercial Paper.
- Seemingly the safest of all securitised corporate lending is the market for commercial paper.
- When the resulting flight from asset-backed commercial paper caused exposures to come back on to the balance sheets of banks that had sponsored such programs, uncertainty about some banks 'exposures raised their funding costs, most notably in the term interbank market, as evidenced by widening LIBOR spreads. Lacker Speech on Financial Stability
- Financial sector commercial paper borrowings have increased at a 36% annualized rate over the past seven weeks.
- In fact, much of the commercial paper being refinanced in the bond market was originally issued to pay for past telecom capital spending, such as burying fiber-optic cables and building wireless networks.
- Maturities of commercial paper range from three days to nine months.
- Money funds now hold 65% of short-term municipal bonds and buy more than a third of the commercial paper issued by American businesses. Taxpayers and Money Market Funds
- The right to demand payment from the endorser of a commercial paper when the first party liable fails to pay.
