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commercial paper English

Meaning commercial paper meaning

What does commercial paper mean?

commercial paper

an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash

Synonyms commercial paper synonyms

What other words have the same or similar meaning as commercial paper?

Examples commercial paper examples

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News and current affairs

Fourth, and finally, the failure of Lehman Brothers and near failure of the insurance giant AIG, incited a financial panic, in which even healthy firms are unable to obtain short-term bank loans or sell short-term commercial paper.

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