non-investment grade


A bond rating that signifies low credit quality with a relatively high risk of defaulting. Ratings of 'BB', 'B', 'CCC', etc. are usually considered of low credit quality. Also called junk bonds.

Mentioned in these terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
crossover credit matador bond