commercial paper Meaning in the Cambridge English Dictionary
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Meaning of “commercial paper” in the English Dictionary

"commercial paper" in Business English

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commercial papernoun [U]

uk   us   FINANCE
loans that a ​companytakes out for a ​shortperiod of ​time from ​investors who have no security (= ​property that can be taken if they do not ​pay back a ​loan): Without ​access to ​commercialpaper, ​companiesstruggle to ​paysalaries and ​buysupplies.
(Definition of commercial paper from the Cambridge Business English Dictionary © Cambridge University Press)
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