prime commercial paper

prime commercial paper
prime commercial paper prime commercial paper commercial paper

* * *

prime commercial paper UK US noun [U]
FINANCE commercial paper (= loans to companies) that has very low risk that it will not be paid back: »

The interest paid on prime commercial paper is usually slightly lower than that charged for prime business loans.

See also COMMERCIAL PAPER(Cf. ↑commercial paper)

Financial and business terms. 2012.

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