Small Business Resources, Business Advice and Forms from AllBusiness.com
 

Euro

The best tips and advice from our vast library of articles, videos, and business tools
Free Industry Resources

 

Are You Ready to Start Your Dream Business?

Sumer Morenz of D&B Digital TV hits the streets of San Francisco to ask people about the businesses they want to start.

Franchise Finder

franchise_sb_icon
Find your perfect franchise
Choose your location and industry and we'll show you the most relevant franchises.
Industry:
Location:

Business Glossary
icon - industry associations

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 euronote facilities, which are issued through a tender panel. Eurocommercial paper gives issuers quicker access to funds than Euronotes, sometimes even same day funds.

Copyright c 2006, 2000, 1997, 1993, 1990 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

Search the Business Glossary: