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90s Slang You Should Know

commercial paper

negotiable paper, as drafts, bills of exchange, etc., given in the course of business.
corporate promissory notes, usually short-term and unsecured, sold in the open market.
Origin of commercial paper
An Americanism dating back to 1830-40 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for commercial paper
Contemporary Examples
Historical Examples
  • As explained in Section 1, commercial paper is an essential part of the process of exchanging goods through credit.

    Banking William A. Scott
  • The reference was to commercial paper and not to bank-notes.

    Martin Van Buren Edward M. Shepard
  • "commercial paper" in the old and strict sense is little used in this country.

    Readings in Money and Banking Chester Arthur Phillips
  • The one universally employed is the discount of commercial paper.

    Banking William A. Scott
  • Indorse—To guarantee the payment of commercial paper by writing one's name on the back.

  • But not all of this "other loans and discounts" is commercial paper.

    The Value of Money Benjamin M. Anderson, Jr.
  • The companies received payment partly in cash, but chiefly in notes which were speedily sold in the market for commercial paper.

  • Part of it is virtually as liquid as commercial paper; two-thirds of it is not liquid.

    The Value of Money Benjamin M. Anderson, Jr.
British Dictionary definitions for commercial paper

commercial paper

a short-term negotiable document, such as a bill of exchange, promissory note, etc, calling for the transference of a specified sum of money at a designated date
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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