Short-term paper
Defined in 1 dictionary — U.S. Code
United States Code
15 U.S.C. § 80A — in this subchapter
“Short-term paper” means any note, draft, bill of exchange, or banker's acceptance payable on demand or having a maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof payable on demand or having a maturity likewise limited; and such other classes of securities, of a commercial rather than an investment character, as the Commission may designate by rules and regulations.