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Business Glossary 
Definitions for: euro commercial paper
euro commercial paper
short-term unsecured promissory note issued in London and other European financial centers for same-day settlement in U.S. dollars in New York. Paper is issued in either discount or interest-bearing form and distributed through dealers on a best-effort basis, in contrast to
Copyright c 2006, 2000, 1997, 1993, 1990 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
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