Home
E-Mail
Latest

Commercial Paper Financial Glossary

What is it? Unsecured debt (IOU), issued by large corporations, with maturities (at time of issue) less than a year. They can be traded on OTC.

Finance Term Definition Added By: Ashlyn

The Commercial Paper definition has been viewed 1719 Time(s)!




Send To Friends!

If you'd like to send the Commercial Paper definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Commercial Paper. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term whole loans is A phrase used to describe mortgage loans when the owner of the debt also owns the servicing rights. In other words, mortgage loans that have not had the servicing separated.

Financial Term Foreclosure is The legal process where the mortgage lender sells real property in the event of a default. Proceeds are applied to the mortgage debt, and the owners right of ownership is terminated.

Financial Term Term is In a mortgage loan, the time period within which a loan must be repaid. Mortgage terms typically range from 15- to 40-years. In a certificate of deposit, the specified period of time during which funds earn interest (see Loan Terms, Mortgage Loan, Certificate of Deposit).

Financial Term Consolidation Loan is A loan made to enable a borrower with different types of loans to obtain a single loan with one interest rate and one repayment schedule. Federal Perkins, Federal Stafford (subsidized and unsubsidized), Direct Subsidized and Direct Unsubsidized, Health Education Assistance Loans (HEAL), Health Professions Student Loans, and Loans for Disadvantaged Students may be combined for purposes of consolidation, subject to certain eligibility requirements. A consolidation loan pays off the existing loans; the borrower then repays the consolidated loan.

Financial Term Formula Spending Share (FSS) is General reserves