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7 Results for Tag: grade

Nationally Recognized Statistical Ratings Organization (NRSRO)

Nationally Recognized Statistical Ratings Organization (NRSRO) What is 'Nationally Recognized Statistical Ratings Organization - NRSRO' The formal term to describe credit rating agencies t

Venn Diagram

DefinitionA Venn diagram is a diagram that shows all possible logical relations between a finite collection of different sets. These diagrams depict elements as points in the plane, and sets

Fallen Angel

Fallen Angel What is a 'Fallen Angel' A fallen angel is a bond that was given an investment-grade rating but has since been reduced to junk bond status due to the weakening financial condi

General Examination

General Examination What is 'General Examination' A regulatory measure set up to give a detailed examination of all aspects of a bank. The examination is conducted by the governing body of

Magna Cum Laude

Magna Cum Laude What is 'Magna Cum Laude' Magna cum laude is an academic level of distinction used by educational institutions to signify an academic degree that was received "with great h

Junk Bond

Junk Bond A non-investment grade or high yield bond is referred to as a junk bond. As the name suggests, these bonds have a credit rating of BB or low, and are fixed income instruments. They

AAA

AAA What is 'AAA' AAA is the highest possible rating assigned to an issuer's bonds by credit rating agencies. An AAA-rated bond has an exceptional degree of creditworthiness, because the i