Commercial paper backed by normal bank lines of credit plus a letter of credit from a bank stating that it will pay off the paper at maturity if the borrower defaults. Such paper is also referred to as L. O. C. Paper. Also known as Bankers' Acceptances.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). documented discount notes. Retrieved September 28, 2026, from http://smartdefine.org/documented_discount_notes/definitions/1152300 |
| Chicago | Barry Goldsmith. 2010. "documented discount notes" http://smartdefine.org/documented_discount_notes/definitions/1152300 (accessed September 28, 2026). |
| Harvard | Barry Goldsmith 2010, documented discount notes, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/documented_discount_notes/definitions/1152300>. |
| MLA | Barry Goldsmith. "documented discount notes" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/documented_discount_notes/definitions/1152300> |