Business, Legal & Accounting Glossary
A classification of rating that is given to a financial or insurance company by a rating agency showing that the company has an acceptable amount of cash in reserve as well as that they also have a stable financial backing. This rating signifies that the company’s overall risk of defaulting is low.
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Definitions for A+/A1 are sourced/syndicated and enhanced from:
This glossary post was last updated: 13th November, 2021 | 0 Views.