commercial paper
noun
: 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
The company held $4.7 billion in cash as of November 2, 2024, with no short-term borrowings or commercial paper outstanding.
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Quartz Bot, Quartz, 4 Dec. 2024
As of October 27, 2024, Home Depot had $1.5 billion in cash and cash equivalents, with $1.3 billion of outstanding borrowings under its commercial paper program.
—Quartz Bot, Quartz, 22 Nov. 2024
The filing also details various financial agreements, including a revolving credit facility with a committed capacity of $2.25 billion and a commercial paper program with a maximum borrowing capacity of $1.5 billion.
—Quartz Bot, Quartz, 12 Nov. 2024
That makes sense because commercial paper, while hardly far out on the risk curve, lacks the assurance that Treasury bonds boast.
—Larry Light, Fortune, 13 Apr. 2023
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Quartz Bot, Quartz, 4 Dec. 2024
As of October 27, 2024, Home Depot had $1.5 billion in cash and cash equivalents, with $1.3 billion of outstanding borrowings under its commercial paper program.
—Quartz Bot, Quartz, 22 Nov. 2024
The filing also details various financial agreements, including a revolving credit facility with a committed capacity of $2.25 billion and a commercial paper program with a maximum borrowing capacity of $1.5 billion.
—Quartz Bot, Quartz, 12 Nov. 2024
That makes sense because commercial paper, while hardly far out on the risk curve, lacks the assurance that Treasury bonds boast.
—Larry Light, Fortune, 13 Apr. 2023
See all Example Sentences for commercial paper
Dictionary Entries Near commercial paper
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“Commercial paper.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commercial%20paper. Accessed 12 Feb. 2025.
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