The Commercial Paper Funding Facility (CPFF) was aspecial purpose vehicle (SPV)created by theFederal Reserveto purchasecommercial paperto ensure commercial paper markets remainedliquid. The Fed stated in its March 17, 2020, press release: "Commercial paper markets directly finance a wide range of e...
Definition of Commercial paper in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Commercial paper? Meaning of Commercial paper as a finance term. What does Commercial paper mean in finance?
Commercial paper is issued at face value, meaning a debt instrument has a value to it often in denominations of $100,000.2Instead of paying interest, commercial paper is instead often issued at a discount, or a price that less than face value. When the commercial paper reaches maturity, the...
commercial paper: An unsecured debt instrument issued by a business to finance short-term cash needs, often traded in money markets.
Second, they also use commercial paper to finance accounts receivable. This suggests that commercial paper issuers serve as intermediaries during downturns. Third, it may be that portfolio demand for commercial paper — a highly liquid, safe asset — increases during downturns. This view is ...
Working Paper Google Scholar Harris and Raviv, 1990 M. Harris, A. Raviv Capital Structure and the Informational Role of Debt Journal of Finance, 45 (1990), pp. 321-349 View in ScopusGoogle Scholar Hurley, 1977 E. Hurley The Commercial Paper Market Federal Reserve Bulletin, 63 (1977), pp...
RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook Commercial Dictionary Thesaurus Legal Acronyms Encyclopedia Wikipedia Related to Commercial:commercial bank,commercial paper,Commercial radio,Commercial Real Estate 1. Describing a company or other organization that produces, ...
Commercial paper is ordinarily used in business transactions, since it is a reliable and expedient means of dealing with large sums of money and minimizes the risks inherent in using cash, such as the increased possibility of theft.One of the most significant aspects of commercial paper is that...
and P. Wachtel (1995), "Commercial paper, corporate finance, and the business cycle: a microeconomic perspective", Carnegie-Rochester Conference Series on Public Policy, 42, p 203-250.Calomiris, C. W., C. P. Himmelberg, and P. Wachtel (1994), "Commercial Paper, Corporate Finance, and ...
Commercial Paper | 商业票据 术语解释: Commercial paper is an unsecured, short-term debt instrument issued by financial companies and large corporations. It’s typically used to finance short-term liabilities such as payroll, accounts payable, and inventories. 商业票据,是由金融机构与大公司发行的一种...