BOND RATINGS
\bˈɒnd ɹˈe͡ɪtɪŋz], \bˈɒnd ɹˈeɪtɪŋz], \b_ˈɒ_n_d ɹ_ˈeɪ_t_ɪ_ŋ_z]\
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The ratigs used based on risk. The ratings are AAA, AA, A, BBB, BB, B, CCC, CC, C, DDD, DD, and D. The AAA is best and the D is worse ratings. Anything below a B is speculative and called a junk bond. They will likely default and pay higher insurance.
By Henry Campbell Black
Word of the day
tinctura quininae ammoniata
- A preparation made by dissolving quinin sulphate in alcohol [Br. Ph.].