What is another word for commercial paper?
Pronunciation: [kəmˈɜːʃə͡l pˈe͡ɪpə] (IPA) 
Commercial Paper is a term used to describe a type of financial instrument that is issued by corporations, banks, or other financial institutions to fund short-term borrowing needs. It is usually sold at a discount to face value and may have maturities ranging from one to 270 days. Some common synonyms for commercial paper include commercial bills, promissory notes, and short-term notes. Other terms that may be used to describe this type of debt instrument include Treasury bills, certificates of deposit, and commercial notes. Regardless of the terminology used, commercial paper is an important tool for companies to fund their day-to-day operations and meet their short-term funding obligations.
