A Euro-Commercial Paper (ECP) is a short-term unsecured promissory note issued by companies, typically denominated in a currency other than the issuer's domestic currency, to raise capital in international money markets.
Euro-Commercial Paper (ECP) is a type of short-term unsecured promissory note issued in a eurocurrency. Primarily centered in the London market, ECP offers a swift method for obtaining same-day funds, often used for cross-border financial transactions like those between Europe and New York.
A financial market that facilitates the international trade of currencies outside of domestic regulatory jurisdictions, alongside being seen as the converged market of the European Union for goods.
A form of Euro-commercial paper consisting of short-term negotiable bearer notes, typically issued in dollars or euros. Euronote facilities are set up by syndicates of banks who underwrite these notes.
