Define: Commercial Paper
What does "Commercial Paper" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (Cencora, Inc., seen in 1 filing)
Commercial Paper means with respect to any Conduit Purchaser, (a) promissory notes issued by such Conduit Purchaser in the commercial paper market or (b) on any day, any short-term notes or any other form of debt issued by or on behalf of such Conduit Purchaser in the ordinary course of its financing business or obligations pursuant to interest rate basis swaps entered into in connection with the issuance of such short-term notes.
Source: Cencora, Inc. 8-K
Definition 2 (Constellation Energy Corp, seen in 1 filing)
Commercial Paper means promissory notes of any Conduit Lender issued by such Conduit Lender in the commercial paper market.
Source: Constellation Energy Corp 10-K
Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.