CC Rating

Business, Legal & Accounting Glossary

Definition: CC Rating


CC Rating


Full Definition of CC Rating


A junk bond rating assigned to fairly speculative debt instruments. A CC rating indicates the issuer is at greater risk of default than a CCC-rated issue and less than a C-rated issue if business, financia, 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 Investment Grade.


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https://payrollheaven.com/define/cc-rating/
Modern Language Association (MLA):
CC Rating. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/cc-rating/.
Chicago Manual of Style (CMS):
CC Rating. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/cc-rating/ (accessed: March 28, 2024).
American Psychological Association (APA):
CC Rating. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/cc-rating/

Definition Sources


Definitions for CC Rating are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 14th November, 2021 | 0 Views.