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| | Commercial Paper Product Overview |
 | | Commercial paper is zero coupon debt, meaning that the investor buys the bond at a discount from face value (par), holds the bond until maturity, and earns interest income based on the difference between the buy price and the face value. | | | Commercial paper is short-term, unsecured debt typically issued by large capitalized firms to finance their day to day cash needs. | | | As with most fixed income securities, there is a chance that the issuer will default on its commercial paper obligation. |
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http://personal.fidelity.com/products/fixedincome/pocommercial.shtml
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| | Commercial paper - Wikipedia, the free encyclopedia |
| | Financial-company paper is issued by firms in commercial, savings and mortgage banking; sales, personal and mortgage financing; factoring; finance leasing and other business lending; insurance underwriting; and other investment activities. | | | Because commercial paper maturities don't exceed nine months and proceeds typically are used only for current transactions, the notes are exempt from registration as securities with the United States Securities and Exchange Commission. | | | Direct issuers of commercial paper usually are financial companies which have frequent and sizable borrowing needs, and find it more economical to place paper without the use of an intermediary. |
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http://en.wikipedia.org/wiki/Commercial_paper
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| | Hunton & Williams Commercial Paper Programs |
| | Commercial paper transactions are exempt from SEC registration requirements, and commercial paper trades freely in domestic and international capital markets. | | | Commercial paper has historically been one of the most cost-effective means for financing the short term needs of large, creditworthy business enterprises. | | | With the advent of derivatives and new asset-backed structures, commercial paper programs are now available to finance a variety of businesses and assets. |
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http://www.hunton.com/practices/practice_detail.aspx?gr_H4ID=807
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| | Regional Economist |
| | Commercial paper is also a low-risk asset--one that carries little risk of default--because the typical issue has such a short maturity and is the liability of a high-quality firm. | | | Commercial paper is now one of the more, if not the most, important instruments in the U.S. money market, thanks in large part to rating systems and backup lines of credit. | | | Such credit enhancements are irrevocable and can take a number of forms: standby letters of credit purchased from commercial banks; parent company guarantees of their subsidiaries' commercial paper; and insurance company indemnity bonds purchased by commercial paper issuers. |
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http://www.stls.frb.org/publications/re/1998/b/re1998b3.html
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| | Commercial Paper reading |
| | Commercial Paper, Corporate Finance and the Business Cycle: A Microeconomic Perspective. | | | Commercial paper (CP) is an unsecured debt instrument of up to 270 days maturity issued by investment-grade financial and nonfinancial corporations. | | | We find size, concentration, and credit standing of the firm's traded debt and commercial paper are each important in explaining the use of factoring, accounts receivable secured debt, captive finance subsidiaries, and general corporate credit. |
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http://www.stanford.edu/~jjgravel/reading/cp_reading.html
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| | Information on Commercial Paper by EagleTraders.com |
| | Commercial paper is a short-term unsecured promissory note issued by corporations and foreign governments for many large, creditworthy issuers. | | | Commercial paper has become one of America's most important debt markets, because of the advantages of commercial paper for both investors and issuers. | | | Most commercial paper is issued under Section 3(a)(3) of the 1933 Act which exempts from registration requirements short-term securities as long as they have certain characteristics. |
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http://www.eagletraders.com/commercial_paper_et.htm
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| | eRevenue® - Commercial Paper Defined |
| | Of course the implementation of such a credit criteria would need to be automated since the credit score would be different on each piece of commercial paper since the transactions that occur between the participants all have varying credit quality. | | | This combination of short-term versus long-term assets in securing working capital transactions creates challenges for some businesses because lenders tend to disregard commercial paper or highly liquid collateral as a viable asset to secure a short-term transaction because of the perceived administrative nightmare of securing the process. | | | Normal procedures of determining a credit score should be applied to the commercial paper securing a working capital loan as wel. |
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http://erevenue.net/commpaper.htm
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| | commercial paper on Encyclopedia.com |
| | Commercial paper is an important source of cash for the issuing firm; it supplements bank loans and is usually payable at a lower rate of interest than the prime discount rate. | | | Strictly speaking, it includes only those instruments that are used in commerce in place of money, as distinguished from paper used in investment, personal, estate, speculative, and public transactions. | | | Financial Federal Credit 'F-2' Commercial Paper Affirmed by Fitch -- Fitch Financial Wire -- |
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http://www.encyclopedia.com/html/c1/commerc-p.asp
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| | Commercial Paper |
| | Depending on the maturity terms of the underlying line of credit, the commercial paper can be classified as a long-term debt on the balance sheet. | | | The commercial paper is sold at a discount. | | | The issuer ordinarily obtains a line of credit to back up the commercial paper at maturity in case it cannot roll over the commercial paper or meet the obligations when due. |
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http://www.themaegroup.com/Deffinitions/Business/def_comm.html
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| | The Banker : Mutual friends.(European commercial paper ) @ HighBeam Research |
| | Commercial paper has been one of the fastest growing debt markets in Europe in the past year. | | | European companies have not been big users of commercial paper because they have been able to raise short-term debt more cheaply from domestic banks. | | | Banks have encouraged corporates to switch deposits into commercial paper at the same time that borrowers find it more attractive than loans. |
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http://static.elibrary.com/t/thebanker/may012001/mutualfriendseuropeancommercialpaper/index.html
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| | Commercial Paper Chase - Buyer's Guides and Special Reports - Off-Balance-Sheet Financing - CFO.com |
| | The heaviest hitter in the bond market recently accused General Electric of using off-balance-sheet activities to manipulate its reported earnings, and also suggested that the company's heavy dependence on the short-term commercial paper market was becoming precarious. | | | And given that more than a trillion dollars of assets were taken off corporate balance sheets last year and put into SPEs and vehicles known as commercial-paper conduits, the issue may extend beyond comparisons to Enron. | | | At stake for the business community is the ability to make illiquid assets liquid by packaging them into securities &; the most significant innovation in the capital markets in the past two decades. |
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http://www.cfo.com/Article?article=7262
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| | Investing In Offshore Commercial Paper Results |
| | is to purchase debt instruments, such as acceptances, commercial paper, bonds, and promissory notes. | | | Commercial Paper Debt instruments issued by companies to meet short-term... | | | Tax-Free Cash Reserves Series may be investing in commercial paper instruments issued by a... |
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http://www.investing-net.com/directory/investing-in-offshore-commercial-paper.html
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| | commercial paper Definition |
| | Commercial paper is usually issued by companies with high credit ratings, meaning that the investment is almost always relatively low risk. | | | Commercial paper is available in a wide range of denominations, can be either discounted or interest-bearing, and usually have a limited or nonexistent secondary market. | | | paper, collateral surety, debt instrument, Eurocommercial paper, paper dealer, prime paper |
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http://www.investorwords.com/961/commercial_paper.html
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| | The Depository Trust & Clearing Corporation - @DTCC - DTCC, Clearstream and euroclear to Develop Messaging Service ... |
| | Euro-commercial paper is increasingly attracting a global market and dealers are selling to Japanese trust managers and money markets, Middle East banks and to Latin American clients. | | | PIM transmits all the details needed for a trade, including such information as the issuer’s name, settlement date, maturity date, interest rate and, if needed, special information such as whether or not the commercial paper is callable. | | | DTCC and two leading European settlement organizations have agreed to develop a communications product that will automate and expand the sale of European commercial paper and related money market instruments in the European market. |
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http://www.dtcc.com/Publications/dtcc/jun01/clearstream.html
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| | Commercial Paper Dealer Agreement, September 4, 2002 |
| | As with other Association model agreements, the Agreement is a recommended form and the firms that use the agreement may vary its terms from transaction to transaction. | | | IPMA is the trade association which represents the interests of the international banks and securities firms which underwrite and distribute international debt and equity securities in the primary market. | | | The IPMA ECP committee represents the Euro Commercial Paper dealers who are members of the International Primary Market Association. |
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http://www.bondmarkets.com/PR/2002/CPAgreement.shtml
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| | Allen & Overy Euro-Commercial Paper |
| | Where possible, a sample selling restriction for sales to professional investors in the country of the currency is also included. | | | Allen and Overy LLP's Euro-Commercial Paper website summarises some currency related, selling and certain other restrictions incidental to the issues of debt instruments under ECP Programmes. |
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http://www.aoguides.com/ecp
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| | EURO COMMERCIAL PAPER PROGRAMME |
| | The control of its funding supply is therefore a strategic issue for its financial independence and corporate policy. | | | Unlike retail or commercial banks, the Crédit Immobilier de France network relies entirely on external sources of financing. | | | This programme will therefore enable the issuer to reinforce its international presence and to promote its credit among the leading money market investors in Europe and Asia. |
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http://www.3cif.com/En/Pages/Pressrelease/e101298.htm
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| | Commercial Paper Dealer Agreements |
| | The Association has developed two sets of model dealer agreements for guaranteed commercial paper issued pursuant to Sections 4(2) and 3(a)(3) of the Securities Act, respectively, designed to be used where one or more corporate guarantors are also responsible for the payment of principal and interest on the notes. | | | Guidance Notes to Guaranteed Commercial Paper Dealer Agreement (3(a)(3) Program) | | | Guidance Notes to Guaranteed Commercial Paper Dealer Agreement (4(2) Program) |
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http://www.bondmarkets.com/story.asp?id=826
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| | LaSalle Bank: Commercial: AANA Commercial Paper |
| | AANA is a registered bank holding company and the parent company of LaSalle Bank, one of the Midwest’s largest banks with over $58 billion in total assets. | | | ABN AMRO North America, Inc. (AANA) Commercial Paper is a short-term debt obligation with competitive money market rates of return. | | | Home > Business Solutions > Commercial > Investments > Funds Management |
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http://www.lasallebank.com/commercial/aana.html
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| | Business Wire : ACC Consumer Finance closes both an $80 million asset-backed security and a $100 million commercial ... |
| | Start / B / Business Wire / April 01, 1997 / ACC Consumer Finance closes both an $80 million asset-backed security and a $100 million commercial paper facility. | | | Current Article: ACC Consumer Finance closes both an $80 million asset-backed security and a $100 million commercial paper facility. | | | Read 'Business Wire: ACC Consumer Finance closes both an $80 million asset-backed security and a $100 million commercial paper facility.' with a FREE Trial for instant access » |
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http://static.elibrary.com/b/businesswire/april011997/accconsumerfinanceclosesbothan80millionassetbacked/index.html
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| | The Educated Investor - Learning Center |
| | Introduction to Money Market Securities - Explore the world of highly marketable, short-term debt securities such as Treasury bills and commercial paper. | | | The characteristics of money market securities are explained and the most common types identified. | | | Learn even more with the Encyclopedia of Personal Finance |
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http://www.educatedinvestor.com/onlinetutorial/bonds.html
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| | Forbes.com: TEXT-Moody's may cut MONY commercial paper rating |
| | Moody's also placed the Prime-2 (P-2) short-term commercial paper rating of MONY under review for possible downgrade. | | | NEW YORK, Feb 23 - Moody's Investors Service changed the direction of the rating review on The MONY Group, Inc. (nyse: MNY - news - people) (MONY -- senior debt at Baa2) and MONY Life Insurance Company (MONY Life -- insurance financial strength at A2) to direction uncertain from review for possible upgrade. | | | MONY Holdings, LLC -- senior secured debt at Aaa (enhanced by a financial guaranty insurance policy provided by Ambac Assurance Corporation, which is rated Aaa for insurance financial strength). |
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http://www.forbes.com/reuters/newswire/2004/02/23/rtr1272404.html
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| | Commercial Paper |
| | Favorite investment of corporate financial managers who wish to earn interest on their excess cash flow until it is needed. | | | The more established the corporation the less interest they pay. | | | Commercial paper - maximum maturity of 270 days. |
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http://www.speculativebubble.com/terms/commercialp.shtml
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| | Commercial Paper |
| | Commercial paper is a negotiable business IOU note. | | | It is sold by the largest, most creditworthy firms on a discount basis. | | | Maturity is set to less than 270 days. |
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http://www.cameron.edu/~sivarama/SESSION3B/sld009.htm
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| | Ellisblog |
| | As today's Financial Times reports, more and more companies are being frozen out of the commercial paper market, the main source of day-to-day corporate funding. | | | Those debt loads are getting a much harder look in the wake of the Enron/Global Crossing debacles. | | | Not surprisingly, a number of the companies being frozen out are from the telecommuncations sector. |
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http://johnellis.blogspot.com/2002_02_10_johnellis_archive.html
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| | Electric, Hydraulic Commercial Paper Cutter Dealer in Chicago |
| | We can help you identify the best paper cutter for your needs and budget and guarantee your satisfaction after the sale. | | | Exceptional customer service is what you can expect from us. | | | We are factory trained and authorized to sell and service the premier line of Baumcut paper cutters from Baum and the popular line of Triumph paper cutters from MBM Corporation. |
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http://www.aprsales.com/commercial-paper-cutter/commercial-paper-cutter-chicago.html
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| | Nat' Academies Press, People and Technology in the Workplace (1991) |
| | SIGNE A. Shearson Lehman Commercial Paper Inc. (SLCPI) is a primary dealer in money markets and in mortgage-backed and government securities. | | | People and Technology in the Workplace A Business Approach to Technology: Shearson Lehman Commercial Paper Inc. SIGNE A. Shearson Lehman Commercial Paper Inc. (SLCPI) is a primary dealer in money markets and in mortgage-backed and government securities. | | | A Business Approach to Technology: Shearson Lehman Commercial Paper Inc. |
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http://books.nap.edu/books/0309045835/html/296.html
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| | Commercial Paper — Cursory Answers to Review Questions |
| | Floyd could then cash the check at Gamay's (no facts to indicate if Floyd was required to indorse it or not; Gamay would likely have asked him to indorse it in order to make him liable as an indorser, see PROBLEM 96). | | | Homer cashes the money order at LSBank (drawee; note this is not a check so Article 4 does not apply). | | | Harry Holder may or may not be a holder; CC, Landlord, and Friend are all indorsers (possibly with indorser's liability) under 3-204(a) and (b). |
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http://www.fcsl.edu/faculty/daicoff/prqa00.htm
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| | Providing commercial printing paper, cheap letterhead and corporate stationary |
| | For years and years, companies online have used this venue to bring new customers to their company. | | | Most businesses don't realize just how many times a customer will go directly to the company website prior to actually contacting the company themselves. | | | commercial printing paper This is a great way to promote your business. |
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http://www.printcompanies.net/printing/commercial-printing-paper.htm
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| | Commercial paper |
| | Mandatory domiciliation with a credit institution or an investment firm established in France, or the Caisse des dépôts et consignations (credit institutions and investment firms established in France may be their own domiciling agents). | | | Home > Monetary Policy and Markets > The Paris financial centre > Negotiable Debt... | | | b) an investment firm which is itself authorised to issue commercial paper, when this firm holds, directly or indirectly, at least 20% of the capital of the issuer, or the issuer holds at least 20% of the capital of the investment firm. |
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http://www.banque-france.fr/gb/poli_mone/place/tcn/caract2g2a.htm
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| | International Paper Home Page |
| | As a global leader in the paper, packaging, and wood products industry, International Paper supplies a wide range of goods that people rely on day in and day out. | | | International Paper reports higher first-quarter 2005 earnings and highest first-quarter net sales in four years | | | With the widest selection of writing and printing paper available, we offer everything you need to heighten the impact of your printed communications. |
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http://www.internationalpaper.com
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| | 7000e Paper Cutter - Martin Yale Commercial 7000E Paper Cutter from Factory Express |
| | The Martin Yale 7000E is a commercial-quality, tabletop paper cutter priced to fit the photo, business, educational and small print markets. | | | Positive clamp secures stack in place, eliminating shifted and torn cuts. | | | This rugged paper cutter comes with all the heavy-duty features needed in order to cut large stacks of paper. |
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http://www.factory-express.com/Paper_Cutters/Martin_Yale_Commercial_7000E_C/martin_yale_commercial_7000e_c.html
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| | Fool.com: Xerox's Commercial Paper Jam [Motley Fool Take] January 26, 2005 |
| | Fortunately for Xerox, over in the corner were standing just the tools needed to help clean up its commercial paper mess: a financial broom and dustpan in the form of $2.5 billion cash and strong continuing cash flow. | | | Combined, those two tools could be used to clear out some of the company's choking debt load and free up even more cash flow that, in theory and far in the future, could conceivably be returned to shareholders someday. | | | If you recall from last year, we pointed out that the company's most obvious problem was a waist-deep pile of debt spread around the machine and flowing out the copy room door. |
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http://www.fool.com/News/mft/2005/mft05012615.htm?ref=foolwatch
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| | DaimlerChrysler North America Holding Corporation Commercial Paper |
| | DaimlerChrysler finances its business in North America in part through issuances of Commercial Paper in U.S and Canada. | | | This page is intended to provide the investment community with information about the various sources of funding used at DaimlerChrysler North America Holding Corporation& U.S. and Canadian operations. | | | elcome to the DaimlerChrysler North America Holding Corporation Commercial Paper page. |
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http://investor.chryslerfinancial.com/debt
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| | --:::---Commercial Paper--:::--- |
| | Commercial Paper is an unsecured usance promissory note privately placed with investors by eligible Corporates, at a discount rate to the face value, determined by market forces and the rating of the company concerned. | | | Commercial Paper was introduced in the year 1990. | | | Commercial Paper is to be rated (P2 or A2 minimum) by any one of the approved rating agencies (CRISIL, CARE, ICRA and FITCH |
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http://www.idbibank.com/commerce_paper.html
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| | Chevron - Commercial Paper |
| | Individual investors interested in purchasing Chevron Commercial Paper should contact their investment advisor or bank. | | | Chevron sells Commercial Paper to institutional investors interested in high quality short-term investments. |
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http://www.chevron.com/investor/commercial_paper
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| | Commercial Paper |
| | Finder or thief of order paper NOT treated as holder -> If forges & passes, title does not pass b. | | | If Transfer Not Completed: Originator doesn't have to pay or refund if correct bene'y not paid ($ back guarantee) 5. | | | If Originator's Paymt Order Unauthzd: if O's bank shows had commercially reas. |
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http://www.lectlaw.com/files/lws39.htm
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| | DBRS Dominion Bond Rating Service: debt bond credit ratings, industry analysis |
| | DBRS is a full-service rating agency that provides credit ratings on issuers of commercial paper, bonds, long/short term debt, and preferred shares, as well as asset-backed securities. | | | DBRS also offers industry analysis, rating reports, and ratings indices for issuers and investors throughout Canada, the United States, Europe and Japan. | | | To request a subscription or, for more information, please contact DBRS |
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http://www.dbrs.com
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| | EconPapers: The effect of a rating change on commercial paper outstandings |
| | More papers in Finance and Economics Discussion Series from Board of Governors of the Federal Reserve System (U.S.) | | | Keywords: Commercial ; paper ; issues (search for similar items in EconPapers) | | | This item may be available elsewhere in EconPapers: Search for items with the same title. |
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http://netec.wustl.edu/BibEc/data/Papers/fipfedgfe185.html
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| | Commercial Paper |
| | CFA's commercial paper program offers a convenient, competitive vehicle for managing excess funds. | | | To learn more about commercial paper click on the request more information button below or call us tool free at: 1-877-835-5232 Ext. |
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http://www.cfafs.com/commpaper.htm
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| | Law Books, Law Dictionary, Black's Law Dictionary, Legal Research, Law Book |
| | See other items related to: Audio Items, Commercial Law, Negotiable Instrument Law, Payment Systems Law, U.C.C. Accounting & Finance, Banking Law, Contract Law, Corporate Finance Law, Finance Law, Flashcard Items, Sales & Leases of Goods, Secured Transactions, Software Items | | | Provides informed exam tips to help maximize performance; | | | Discusses the essentials of commercial paper and payment law; |
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http://www.barristerbooks.com/Index.asp?Product=50406
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| | Kerchunk - Commercial Paper Web Pages |
| | Tear It Up Papermaking Supplies They sell hand made paper making products and supplies, and have plenty of helpful information on the site, too. | | | Many companies that sell paper also carry a variety of items for bookbinding. | | | Grass Roots Paper Sells items made from hand-made paper. |
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http://www.kerchunk.com/paperwebcom.html
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| | LBC Commercial Paper |
| | LaSalle Bank Corporation (LBC) Commercial Paper is a short-term debt obligation with competitive money market rates of return. | | | As one of the largest banking groups in the Midwest, LBC is a formidable financial entity with a history of steady growth and solid performance. | | | With a minimum investment of $100,000, LBC Commercial Paper allows you to invest excess liquidity more quickly than many commercial paper programs. |
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http://www.lbccp.com
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| | Financial dictionary: Commercial paper |
| | Short-term, unsecured promissory notes issued by corporations with a high credit ratings. | | | You are here: Home » Financial dictionary » Commercial paper |
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http://www.specialinvestor.com/terms/69.html
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| | Commercial Paper |
| | They are used to clear up current debts owed by the issuer. | | | commercial firms and companies (not to be confused with | | | Commercial paper is issued for a short term, anywhere from 2 to 270 days. |
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http://www.fraudaid.com/dictionary-of-financial-scam-terms/commercial_paper.htm
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| | Premier 7000E: Commercial Stack Paper Cutter OfficeWorld.com |
| | Commercial 200-Sheet Stack Paper Cutter, 16x20 Heavy-Duty Wood... | | | Commercial Stack Paper Cutter Cuts 200 sheets (based on 20-lb. | | | PREMIER Commercial 200-Sheet Stack Paper Cutter - PRE7000E |
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http://premier.officeworld.com/Worlds-Biggest-Selection/PRE7000E/05Q2
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| | Stockwalk Group, Inc. - Securities Class Action |
| | Summary: According to a Press Release dated 6/5/02, the complaint states that approximately $32 million in Stockwalk commercial paper was unregistered and sold in violation of Section 12(1) of the Securities Act of 1933, 15 U.S.C. sec. | | | Since the collapse of the issuer, Stockwalk Group, Inc., and the bankruptcy of that company, the securities have become worthless. | | | No reader should, on the basis of information contained in or referenced by this Web site, assume that any of these allegations are truthful. |
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http://securities.stanford.edu/1025/STOKQ02-01
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