Assertion: commercial paper | /r/CapableOf | allow security
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text: The commercial paper provides a convenient financing method because it allows issuers to avoid the hurdles and expense of applying for and securing continuous business loans, and the Securities and Exchange Commission (SEC) does not require securities that trade in the money market to be registered.﻿﻿ It is usually offered at a discount with maturities that can range from one to 270 days, although most issues mature in one to six months.﻿﻿