Exchange Currency

tax-exempt commercial paper

A government-approved short-term debt instrument for a company or entity, which allows for a tax exemption on the earnings, either at a local, state, or federal level (or a combination of these). It is an indirect way of the government injecting funds into the given entity. For example, a hospital requiring funds for its day to day operations may issue these government-approved commercial papers for a short period of time.

Related information about tax-exempt commercial paper:
  1. Tax-Exempt Commercial Paper Definition | Investopedia
    An unsecured short-term loan, usually issued to finance short-term liabilities, that provides the debt holders (bondholders) some level of tax preference on the ...
     
  2. Tax-Exempt Commercial Paper financial definition of Tax-Exempt ...
    Tax-Exempt Commercial Paper. Also found in: Acronyms, 0.01 sec. Tax-Exempt Commercial Paper. A short-term, unsecured loan issued by an organization that ...
     
  3. Tax-Exempt Commercial Paper / Equipment Financing Program ...
    May 15, 2012 ... Tax-Exempt Commercial Paper / Equipment Financing Program. The California State University Office of the Chancellor, under the delegation ...
     
  4. What is tax-exempt commercial paper? definition and meaning
    Definition of tax-exempt commercial paper: A government-approved short-term debt instrument for a company or entity, which allows for a tax exemption on the ...
     
  5. Tax-Exempt Commercial Paper: Definition from Answers.com
    Tax-Exempt Commercial Paper An unsecured short-term loan, usually issued to finance short-term liabilities, that provides the debt holders (bondholders)
     
  6. Compliance Guidelines for Tax-Exempt Bonds - Stanford University
    Notes and tax-exempt commercial paper notes) are willing to accept a lower coupon because interest earned on tax-exempt bonds is exempt from taxation.
     
  7. Presentation to the University Committee on Planning and Budget
    Oct 6, 2009 ... Use of tax-exempt commercial paper allows for timely funding of capital projects. > Use of taxable commercial paper allows management of ...
     
  8. tax-exempt commercial paper memorandum - Debt Management ...
    Aug 19, 2009 ... 2009 Series B Ratings: Moody's: P-1. S&P: A-1+. Fitch: F1+. TAX-EXEMPT COMMERCIAL PAPER MEMORANDUM. MONTGOMERY COUNTY ...