commercial paper

noun

Definition of commercial paper

: short-term unsecured discounted paper usually sold by one company to another for immediate cash needs

Examples of commercial paper in a Sentence

Recent Examples on the Web There is just too much to summarize here, but apparently its assets are in Chinese commercial paper and, uh, Bitcoin, which could be a problem if everybody starts to pull their money at once. Kevin T. Dugan, Fortune, 7 Oct. 2021 Investing in the commercial paper of a sound entity is commonplace and necessary in highly regulated portfolios. Martin Jarzebowski, Forbes, 21 June 2021 According to Tether, about 50% of its reserves — some $20 billion — were in commercial paper at the end of March, 12% in secured loans and 10% in corporate bonds, funds and precious metals. Mike Dolan Reuters, Star Tribune, 17 July 2021 JPMorgan interest-rates strategist Josh Younger points out that Tether’s scale ranks it alongside the biggest money-market funds and companies as a major owner of commercial paper. James Mackintosh, WSJ, 27 May 2021 Tasked primarily with cash and liquidity management, corporate treasurers traditionally invested in low-yield, low-risk assets like money-market funds, government debt, or commercial paper. The Insider, Forbes, 27 May 2021 As part of its legal settlement Tether disclosed more detail of its assets, showing a big exposure to commercial paper, a form of short-term lending to companies. James Mackintosh, WSJ, 27 May 2021 Tether, the world’s largest stablecoin, disclosed a reserves breakdown that showed a large portion in unspecified commercial paper. Patrick Mchale And Yueqi Yang Bloomberg, Los Angeles Times, 16 May 2021 Of their $42 billion in funds, on March 31, Tether claims to hold over 75% of their reserves in cash and cash equivalents, most of which are in the form of commercial paper. Nicholas Gans, Forbes, 13 May 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'commercial paper.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of commercial paper

1836, in the meaning defined above

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Time Traveler for commercial paper

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The first known use of commercial paper was in 1836

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Dictionary Entries Near commercial paper

commercialize

commercial paper

commercial pilot

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Statistics for commercial paper

Last Updated

22 Oct 2021

Cite this Entry

“Commercial paper.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commercial%20paper. Accessed 23 Oct. 2021.

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More Definitions for commercial paper

commercial paper

Legal Definition of commercial paper

— see paper

More from Merriam-Webster on commercial paper

Britannica.com: Encyclopedia article about commercial paper

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