COMMERCIAL PAPER Definition

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COMMERCIAL PAPER is short-term obligations with maturities ranging from 2 to 270 days issued by corporations, banks, or other borrowers to investors who have temporarily idle cash on hand. Commercial paper is usually unsecured and discounted.

Learn new Accounting Terms

ADJUSTMENTS TO INCOME are all tax code allowable increases/(deductions) to income that are not already accounted for.

APIC is an acronym for Additional Paid-In-Capital (finance/business).

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