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another term for a junk bond.
a short-term unsecured corporate IOU.
an intermediate-term corporate bond.
a certificate that may be exchanged for a share of common stock at a specified future date.
Commercial Paper :
Commercial paper is an unsecured, short-term loan issued by a corporation, typically for financing accounts receivable and inventories. It is usually issued at a discount, reflecting current market interest rates. Maturities on commercial paper are usually no longer than nine months, with maturities of between one and two months being the average.
I agree with Mr. Emad
a short-term unsecured corporate IOU.
a short-term unsecured corporate IOU.
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a short-term unsecured corporate IOU.....................................................
>>>>>>>>>> a short-term unsecured corporate IOU.
Commercial Paper essentially : Short term unsecured corporate IOU.
Agree with Mr. Emad <<<<<<<<<<<
