It stands for commercial paper, which is a written instrument that constitutes short-term obligations with maturities ranging from 2 to…
A liability that includes all debts that fall due within one year or during a firm’s operating cycle. Namely, current…
An abbreviation for commercial paper index, which is a fixed-income index calculated as the average rate at which major commercial…
A contingent equity instrument that gives the holder the right to purchase shares of the company’s stock for a preset…
An instrument (part debt and part equity) that gives the holder the right, but not the obligation, to exchange his…
A convertible with a call feature giving the issuer the right to redeem the convertible before maturity at a preset…
Or cheque in British English, a payment and credit-creating instrument that constitutes an order to pay money from a bank…
A preferred share that is subject to redemption. This hybrid preferred share may provide for the right of the issuer...
An asset that can be converted into cash or used to pay current liabilities within one year or during a…
A method for calculation of SOFR (secured overnight financing rate) that involves a daily compounding of the rate on an...