Assertion: commercial paper | /r/HasProperty | issued in commercial paper market
Facets:
value: to obtain funds
type: PURPOSE
value: by large corporations
type: OTHER
Source sentences:
text: Commercial paper is a money-market security issued (sold) in the commercial paper market by large corporations to obtain funds to meet short-term debt obligations (for example, payroll) and is backed only by an issuing bank or company promise to pay the face amount on the maturity date specified on the note.