Example Of Commercial Paper Houses
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Example of commercial paper houses. Example of commercial paper. An example of commercial paper is when a retail firm is looking for short term funding to finance some new inventory for an upcoming holiday season. Commercial paper is a money market security issued sold in the commercial paper market by large corporations to obtain funds to meet short term debt obligations for example payroll and is backed only by an issuing bank or company promise to pay the face amount on the maturity date specified on the note.
Most commercial papers are easily rolled over by paying for old issuance from the proceed of new issuances. 0 0 1. I don t know that s why i m asking.
Commercial paper is defined as a money market instrument that is used for obtaining short term funding and is usually in the form of a promissory note issued by investment grade banks and corporations. Asked by wiki user.