Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
investment grade loan — England, Wales A loan made to a borrower with a good credit rating. A borrower s credit rating is determined by a rating agency or, in some cases, more than one agency. Standard & Poor s ratings for investment grade loans range from AAA to BBB .… … Law dictionary
sub-investment grade loan — England, Wales Also known as speculative grade debt. A loan made to a borrower with a poor credit rating. A borrower s credit rating is determined by a rating agency or, in some cases, more than one agency. Standard & Poor s ratings for sub… … Law dictionary
investment-grade debt — ➔ debt * * * investment grade debt UK US noun [U] FINANCE ► the type of bond or other loan that has a low risk of not being paid back: »The company in May sold $3.5 billion of bonds in a record investment grade debt sale, and then issued $1.5… … Financial and business terms
investment grade — USA Debt (such as a bond or loan) is considered investment grade if its credit rating is BBB or higher by Standard & Poor s or Baa3 or higher by Moody s or BBB or higher by Fitch. The term indicates that the debt being rated is of sound credit… … Law dictionary
grade — ▪ I. grade grade 1 [greɪd] noun [countable] 1. a particular level of quality that a product, material etc has: • The best grades of tea are expensive. 2. JOBS a particular level of job: • Staff from ethnic minorities were not being promoted… … Financial and business terms
Loan Market Association — Die Loan Market Association (LMA) ist ein 1996 in London gegründeter und sitzender Interessenverband, der mittlerweile über mehr als 400 Mitglieder aus dem Finanzbereich, insbesondere Banken, Finanzinvestoren, aber auch internationale… … Deutsch Wikipedia
Investment banking — Investment banks profit from companies and governments by raising money through issuing and selling securities in the capital markets (both equity and bond), as well as providing advice on transactions such as mergers and acquisitions. To perform … Wikipedia
speculative grade debt — See sub investment grade loan. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
collateralized loan obligation — ( CLO) A multi tranche security secured by a pool of corporate loans. Similar to the more familiar CMO, except that in a CBO the tiers or tranches are created with differing levels of credit quality. The CBO structure creates at least one tier of … Financial and business terms
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
