Respuesta :
Answer:
Commercial paper
Explanation:
Commercial paper refers to money-market security(short term) issued/sold by large corporations to raise funds or financial capacity to meet short-term financial obligations (for example, payroll). It takes the form of a promissory note that promises to settle debt obligations to the extent of the face value on the maturity date indicated on the note. Companies with higher credit rating are usually better positioned to sell commercial paper and at reasonable price.
Answer:
Commercial paper
Explanation:
Commercial paper is an unsecured, short period debt tool that is issued by corporations to finance payroll, accounts payable, inventories and other short term liabilities.
Commercial papers Maturity days is usually within 1-270 days with discount given and also a fixed interest rate.