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A short-term promissory note with no collateral that is issued by a large corporation is known as__________

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Final answer:

A short-term promissory note with no collateral that is issued by a large corporation is known as commercial paper. Commercial paper allows large corporations to borrow money from investors for a fixed period, usually less than a year.

Step-by-step explanation:

A short-term promissory note with no collateral that is issued by a large corporation is known as commercial paper. Commercial paper is a type of unsecured debt that allows corporations to raise short-term funds by borrowing money from investors for a fixed period, usually less than a year. Since commercial paper is not backed by collateral, it typically offers higher interest rates than secured loans.

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