dealer commercial paper

dealer commercial paper definition - finance
A high-quality unsecured note that is sold by corporations through dealers. It is generally high-quality debt, because if the company isnÂ’t financially healthy, no one will be willing to purchase the commercial paper.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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