______ is a type of unsecured promissory note issued by large, financially strong firms.

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Commercial paper is a type of unsecured promissory note issued by large, financially strong firms to raise short-term funds. The notes usually mature in less than 270 days and are typically issued at a discount from face value. Trade credit refers to the credit extended by one firm to another for the purchase of goods or services. A mortgage is a type of secured loan that uses a property as collateral. Preferred equity is a type of ownership in a company that usually carries preferential dividend payments but does not come with voting rights. An accrual arrangement refers to a contractual agreement to accrue and settle payments at a later date.

______ Is a Type of Unsecured Promissory Note Issued by Large