Commercial Paper Holder

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  • 26 - Commercial Paper

    Commercial Paper Holder

    Commercial paper is an unsecured promissory note with a fixed maturity of 1 to 270 days. Commercial Paper is sold by large banks and corporations to get money to meet short term debt obligations (for example, payroll), and is only backed by an issuing bank or corporation's promise to pay the face...

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    Tags: Commercial,paper,unsecured,promissory,note,cash,treasury,management,risk