commercial paper
noun
negotiable paper, as drafts, bills of exchange, etc., given in the course of business.
corporate promissory notes, usually short-term and unsecured, sold in the open market.
Origin of commercial paper
An Americanism dating back to 1830–40
Words nearby commercial paper
British Dictionary definitions for commercial paper
commercial paper
noun
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