Business, Legal & Accounting Glossary
AAA is the highest possible rating that may be assigned to an issuer’s bonds by any of the major credit rating agencies. AAA-rated bonds have a high degree of creditworthiness because their issuers are easily able to meet financial commitments and have the lowest risk of default.
A credit rating that can be given to a share, bond, or bank by US credit rating agencies such as Standard and Poor’s or Moody’s, indicating that it is considered to be a very safe investment.
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This glossary post was last updated: 5th April, 2020 | 1 Views.