Commercial paper is a form of financing that consists of short-term, secured promissory notes issued by firms with a high credit standing.

Name: Commercial paper is a form of financing that consists of short-term, secured promissory notes issued by firms with a high credit standing.
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Commercial paper is an unsecured form of promissory note that pays a fixed rate of interest. It is issued by large corporations to finance their short-term credit needs.

Commercial Paper Is a Form of Financing That Consists of Short-Term