prime commercial paper - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “prime commercial paper”

prime commercial paper

noun [U]
 
 
FINANCE commercial paper (= loans to companies) that has very low risk that it will not be paid back: The interest paid on prime commercial paper is usually slightly lower than that charged for prime business loans. →  See also commercial paper
(Definition of prime commercial paper from the Cambridge Business English Dictionary © Cambridge University Press)
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