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Definition of 'Commercial'

Commercial is a term that can refer to a variety of things in the financial world. It can refer to a commercial bank, which is a type of bank that provides services to businesses and other organizations. Commercial banks offer a variety of services, such as checking accounts, loans, and investment products.

Commercial can also refer to a commercial loan, which is a loan that is made to a business or other organization. Commercial loans are typically used to finance the purchase of equipment, inventory, or other business assets.

Commercial can also refer to a commercial property, which is a property that is used for business purposes. Commercial properties can include office buildings, retail stores, and warehouses.

Finally, commercial can also refer to commercial paper, which is a type of short-term debt instrument that is issued by corporations. Commercial paper is typically used to finance working capital needs.

In each of these cases, the term "commercial" refers to something that is related to business or commerce.

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