Full Newsletter   Newsletter Archives




 Glossary:  ABCDEFGHIJKLMNOPQRSTUVWXYZ
 

An unsecured obligation issued by a corporation or bank to finance its short-term credit needs, such as accounts receivable and inventory. Maturities typically range from 2 to 270 days.

This Glossary is provided by www.InvestorWords.com
Copyright©1997-2008 by WebFinance Inc. All Rights Reserved.