Commercial paper is a debt contract issued by prominent companies that borrow directly from investors.

Name: Commercial paper is a debt contract issued by prominent companies that borrow directly from investors.
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Commercial paper is a short-term debt contract typically issued by prominent companies to borrow directly from investors, such as banks or money market funds. The maturity of commercial paper typically ranges from 1 to 270 days.

Commercial Paper Is a Debt Contract Issued by Prominent Companies