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commercial paper (EN)
phrase

phrase “commercial paper”

  1. (am Finanzwiesen) kuerzfristeg ongeséchert Prêten, déi Firmen un Investisseuren erausginn, fir Fongen ze sammelen.
    To manage its cash flow needs, the company issued commercial paper to cover its short-term obligations.
  2. (am Gesetz) verhandelbar Instrumenter wéi Schecken a Scholdschäiner, déi a kommerziellen Transaktiounen benotzt ginn.
    In business law class, we learned about different types of commercial paper, including checks and promissory notes.