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commercial paper
An unsecured obligation issued by a corporation or bank to finance its short-term credit needs, such as accounts receivable and inventory. Maturities typically range from 2 to 270 days. Commercial paper is available in a wide range of denominations, can be either discounted or interest-bearing, and usually have a limited or nonexistent secondary market. Commercial paper is usually issued by companies with high credit ratings, meaning that the investment is almost always relatively low risk.
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in lieu of, current ratio, equity, bear market, triple net lease, negotiable, working capital, recession, asset, inflation, and More
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finance, interest rate, net income, operating leverage, commercial bank, compound interest, corporate, cost of capital, credit analyst, debt-equity swap, net profit, market capitalization, Class A Shares
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