A negotiable,unsecured,short-term promissory note that is issued in Euromarkets and in several domestic markets is known as:

Question

Quizplus · Accepted Answer

The description matches the definition of commercial paper, which is an unsecured, short-term promissory note that can be issued in both domestic and international markets. Eurobonds are similar, but they are typically longer-term, and may be secured or unsecured. Eurocurrency term loans are also similar, but they are typically longer-term loans that are denominated in a currency other than the currency of the borrower's home country. Bearer securities are securities that are owned by whoever physically holds them, rather than by a registered owner, which does not match the characteristics described in the question.

A Negotiable,unsecured,short-Term Promissory Note That Is Issued in Euromarkets and in Several