'Commercial paper' definitions:
Definition of 'commercial paper'
From: WordNet
noun
An unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
Definition of 'Commercial paper'
From: GCIDE
- Commercial \Com*mer"cial\, a. [Cf. F. commercial.] Of or pertaining to commerce; carrying on or occupied with commerce or trade; mercantile; as, commercial advantages; commercial relations. "Princely commercial houses." --Macaulay. [1913 Webster]
- Commercial college, a school for giving instruction in commercial knowledge and business.
- Commercial law. See under Law.
- Commercial note paper, a small size of writing paper, usually about 5 by 71/2 or 8 inches.
- Commercial paper, negotiable paper given in due course of business. It includes bills of exchange, promissory notes, bank checks, etc.
- Commercial traveler, an agent of a wholesale house who travels from town to town to solicit orders.
- Syn: See Mercantile. [1913 Webster]