Social Sciences and the Law

What are the conditions for Commercial paper?

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Commercial paper is an important source of cash for the issuing firm; it supplements bank loans and is usually payable at a lower rate of interest than the prime discount rate.

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Get more facts and information about commercial paper from The Columbia Encyclopedia, Sixth Edition at Encyclopedia.com.

Similar questions: Which conditions does Commercial paper count with? What are the regulations for Commercial paper? [ Hide these questions ]

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