commercial paper

1. 1.

   an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash

   Broadercash equivalent

Questions about commercial paper

What does commercial paper mean?

commercial paper means "an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash".

Is commercial paper a common word?

commercial paper is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.