commercial paper
noun
: short-term unsecured discounted paper usually sold by one company to another for immediate cash needs
Examples of commercial paper in a Sentence
Recent Examples on the Web
The company issued $2.2 billion in Mandatory Convertible Preferred Stock in March 2024 to repay commercial paper and for general corporate purposes.
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Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025
The government money market fund will hold mostly short-term government debt such as Treasury bills, while the prime fund can hold somewhat riskier items including commercial paper in addition to government debt.
—Jesse Pound, CNBC, 5 Feb. 2025
The company held $4.7 billion in cash as of November 2, 2024, with no short-term borrowings or commercial paper outstanding.
—Quartz Bot, Quartz, 4 Dec. 2024
As of October 27, 2024, Home Depot had $1.5 billion in cash and cash equivalents, with $1.3 billion of outstanding borrowings under its commercial paper program.
—Quartz Bot, Quartz, 22 Nov. 2024
See All Example Sentences for commercial paper
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Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025
The government money market fund will hold mostly short-term government debt such as Treasury bills, while the prime fund can hold somewhat riskier items including commercial paper in addition to government debt.
—Jesse Pound, CNBC, 5 Feb. 2025
The company held $4.7 billion in cash as of November 2, 2024, with no short-term borrowings or commercial paper outstanding.
—Quartz Bot, Quartz, 4 Dec. 2024
As of October 27, 2024, Home Depot had $1.5 billion in cash and cash equivalents, with $1.3 billion of outstanding borrowings under its commercial paper program.
—Quartz Bot, Quartz, 22 Nov. 2024
See All Example Sentences for commercial paper
Cite this Entry
“Commercial paper.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commercial%20paper. Accessed 28 Feb. 2025.
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