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Commercial Paper

Lessons. CHAPTER 35. Commercial Paper. 35-1 Basic Types of Commercial Paper 35-2 Specialized Forms of Commercial Paper. GOALS. LESSON 35-1. Basic Types of Commercial Paper. Explain the importance of commercial paper Describe the basic types of commercial paper and their uses.

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Commercial Paper

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  1. Lessons Chapter 35 CHAPTER 35 Commercial Paper 35-1 Basic Types of Commercial Paper 35-2 Specialized Forms of Commercial Paper

  2. GOALS Chapter 35 LESSON 35-1 Basic Types of Commercial Paper Explain the importance of commercial paper Describe the basic types of commercial paper and their uses

  3. Chapter 35 WHAT IS COMMERCIAL PAPER? Unconditional written orders or promises to pay money are collectively defined as commercial paper.

  4. Chapter 35 TYPES OF COMMERCIAL PAPER • Drafts • Checks • Honor and dishonor • Stop-payment orders • Precautions and care • Promissory notes • Certificates of deposit

  5. GOALS Chapter 35 LESSON 35-2 Specialized Formsof Commercial Paper Identify the various specialized forms Explain the purpose of the specialized forms Describe how and when to properly use them

  6. Chapter 35 SPECIALIZED FORMS OF COMMERCIAL PAPER • Certified checks • Cashier’s check • Teller’s check • Money orders • Traveler’s checks

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