Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does commercial paper program mean?

SEARCHING
commercial paper program
Noun
AE

An ongoing arrangement for the continuous issuance of commercial paper on a tap basis established for several years or open-ended, whereby paper is continuously rolled over with the proceeds of the program’s new issues used to fund the retirement of maturing issues.

Synonym(s): 
  • [BE]: commercial paper programme
    .
top
© 2015-2020 Pecunica LLC.  All rights reserved.