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
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The evolution of prime Prime money market funds give investors a little more risk exposure by holding some corporate commercial paper. Darla Mercado, Cfp®, CNBC, 25 Feb. 2026 Still, financing options, if need be, include a short-term commercial paper, increased hotel taxes, or a general obligation bond. Curtis Pashelka, Mercury News, 27 Aug. 2025 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 See All Example Sentences for commercial paper

Word History

First Known Use

1777, in the meaning defined above

Time Traveler
The first known use of commercial paper was in 1777

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Cite this Entry

“Commercial paper.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commercial%20paper. Accessed 13 Mar. 2026.

Legal Definition

commercial paper

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