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Commercial paper is a type of ?

<p><strong><span> (a)Fixed coupon Bond,</span></strong></p> <p><strong><span>(b)Unsecured short-term debt,</span></strong></p> <p><strong><span>(c)Equity share capital,</span></strong></p> <p><strong><span>(d) Government Bond</span></strong></p>

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Question ajoutée par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date de publication: 2014/10/07
Divyesh Patel
par Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

(b) Unsecured short-term debt

Subhranshu Ganguly
par Subhranshu Ganguly , Quality Analyst. , WIPRO

(b)Unsecured short-term debt,. Yes I fully agree with Mr Divesh patel. And as this is unsecured that is not secured by any asset it is not that dependable. There has to be a reserve for bad debts that can be written off against the actual amount receaved from such debt.

Malik Khalid Mahmood
par Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

b- unsecured short term promissory note

Khan Sohal khan
par Khan Sohal khan , Associate , State Street Syntel Services Pvt Ltd.

B is correct

Rahmat Ullah Khan
par Rahmat Ullah Khan , Administrative Asst , Trojan Holding

B.....

mohamed Hakim CMA CPA Candidate
par mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

Number B 

Sara Naeem
par Sara Naeem , Trainee Finance officer , Wah Brass Mill

B

Tanveer Qureshi
par Tanveer Qureshi , Director , Qureshi Associates

I think option B is an appropriate answer.

Kallol Chandra Das
par Kallol Chandra Das , Junior Officer , The Premier Bank Limited

Unsecured short-term debt, usually issued by Blue chip companies.

Alok Urs
par Alok Urs , QATAR. Manager - HR & Project Admin , Kuwait Network Electronic Co W.L.L

Commercial papers means : An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories and meeting short-term liabilities. Maturities on commercial paper rarely range any longer than270 days. The debt is usually issued at a discount, reflecting prevailing market interest rates.

Type of commercial papers

1) Direct Paper-issued by large finance company and bank holding companies directly to the investor.

2) Dealer Paper- also called industrial paper , issued by security dealerson behalf of their corporate customers.(Non financial and smaller companies).

 

**** Commercial paper is cheaper than a bank loan...

Abdul Wahab
par Abdul Wahab , Credit Controller , Takween Advanced Industries

Agree With Sara

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