Commercial-paper


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.
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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