commercial paper

American  

noun

1. negotiable paper, as drafts, bills of exchange, etc., given in the course of business.

2. corporate promissory notes, usually short-term and unsecured, sold in the open market.

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commercial paper British  

noun

1. 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

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Etymology

Origin of commercial paper

An Americanism dating back to 1830–40

Example Sentences

Its legal framework already accommodates this approach by distinguishing between several types of property, including small homes, large apartment buildings, and commercial property.

From Barron's • Apr. 17, 2026

Last year, Moody’s Ratings warned about private-credit risks in lending to U.S. commercial property owners.

From The Wall Street Journal • Apr. 16, 2026

Each different type of asset has a different timeline for depreciation, like three years for some machinery and almost 40 years for commercial property.

From MarketWatch • Mar. 23, 2026

Retailers are already opting out of downtown L.A. due to its slow recovery from the pandemic shutdown, said real estate broker Derrick Moore of CBRE, who helps arrange commercial property leases.

From Los Angeles Times • Mar. 16, 2026

"DUMAY, assignee of the Bank accounts, LATOURNELLE, notary, assignee of the city and villa property, GOBENHEIM, assignee of the commercial property."

From Modeste Mignon by Balzac, Honoré de