| 单词 | commercial paper |
| 释义 | commercial paper commercial paper noun [U]
(Finance ) a method that a large company, bank, etc. can use to borrow money from investors, usually for a period of less than a year. The lender cannot take the assets of the company if the loan is not repaid: 222 companies had issued sterling commercial paper.
❖ to default on/issue commercial paper |
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