Bad Paper

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Definition: Bad Paper

Bad Paper
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Full Definition of Bad Paper

An unsecured short-term debt instrument issued by a company or government unit that has a high probability of defaulting on its obligations. Bad paper is risky for two reasons. It is not backed by collateral, and it is issued by an entity that is not creditworthy. To compensate for these risks, bad paper usually offers higher interest rates than other loans.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/bad-paper/
Modern Language Association (MLA):
Bad Paper. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 18, 2024 https://payrollheaven.com/define/bad-paper/.
Chicago Manual of Style (CMS):
Bad Paper. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bad-paper/ (accessed: April 18, 2024).
American Psychological Association (APA):
Bad Paper. PayrollHeaven.com. Retrieved April 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/bad-paper/

Definition Sources

Definitions for Bad Paper are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.