commercial paper

noun

: a usually negotiable instrument (as a note, draft, or certificate of deposit) arising out of a commercial transaction

specifically : any of the instruments constituting the obligations of a business organization that are sold as investments

Examples of commercial paper in a Sentence

Recent Examples on the Web

In the same month Hugo Boss also successfully established a commercial paper (CP) program, enabling the group to issue short-term, unsecured notes in an aggregate amount of up to circa $585 million, expanding its access to capital markets beyond traditional bank financing. —Mark Faithfull, Forbes.com, 7 July 2025

Ohio's investment pool, for example, is about 7% invested in commercial paper. —Kayla Dwyer, IndyStar, 2 July 2025

That included commercial paper and the securitized lending known as repurchase agreements. —Peter Coy, New York Times, 17 May 2025

The filing also details various financial agreements, including a revolving credit facility and commercial paper program, with $535 million outstanding under the latter as of February 23, 2025. —Quartz Intelligence Newsroom, Quartz, 3 Apr. 2025

Word History

First Known Use

1777, in the meaning defined above

Rhymes for commercial paper

• caper
• raper
• scraper
• shaper
• taper
• vapor
• newspaper
• notepaper
• sandpaper
• skyscraper
• wallpaper
• wastepaper

Legal Definition

commercial paper

see paper