bond-basics

Commercial Paper

Debt obligations with Maturities of between 1 and 270 days; usually backed by some form of Credit Enhancement. Commercial Paper is often said to be issued in “tranches.”

See Also

Security

Any note, stock, treasury stock, bond, debenture, evidence of indebtedness, certificate of interest or evidence of any participation in any profit-sharing agreement.

Hudson Yards Rail Yards

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Term of the Week

Securities Act of 1933

Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.