Business, Legal & Accounting Glossary
A bond rating assigned to an investment grade debt instrument. A BBB rating reflects an opinion that the issuer has the current capacity to meet its debt obligations but faces more solvency risk than an A-rated issue and less than a BB-rated issue if business, financial, or economic conditions change measurably. Bond investors rely on bond ratings from organizations like Standard & Poor’s, Moody’s Investors Service, and Fitch Ratings to evaluate the default risk associated with both corporate bonds and municipal bonds. Compare to AAA Rating, BB Rating, B Rating; Junk Bond.
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This glossary post was last updated: 14th November, 2021 | 0 Views.