A _______ is an unsecured,negotiable,short-term note that is issued in euromarkets and many domestic markets.

Question

Quizplus · Accepted Answer

Eurocommercial paper is a type of short-term, unsecured, and negotiable note that is issued in the Euromarkets and some domestic markets. Eurocurrency term loans are long-term loans, eurobonds are long-term debt securities, and euro floating rate notes are variable-rate bonds issued in Europe.

A _______ Is an Unsecured,negotiable,short-Term Note That Is Issued in Euromarkets