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One of the most popular short-term investments for the largest business organizations is?

Sagot :

One of the most popular short-term investments for the largest business organizations is commercial paper.

What do you mean by commercial paper?

Commercial Paper (CP) is a type of promissory note that is an unsecured money market instrument. In order to give highly rated corporate borrowers more options for short-term borrowing and to give investors another tool, CP was created in India in 1990.

A popular form of unsecured, short-term debt issued by firms, commercial paper is generally used to finance payroll, accounts payable, inventories, as well as to satisfy other short-term obligations.

Learn more about commercial paper here

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