- speculative grade debt
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Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
speculative grade debt
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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
High-yield debt — In finance, a high yield bond (non investment grade bond, speculative grade bond or junk bond) is a bond that is rated below investment grade at the time of purchase. These bonds have a higher risk of default or other adverse credit events, but… … Wikipedia
Investment grade — A bond is considered investment grade or IG if its credit rating is BBB or higher by Standard Poor s or Baa3 or higher by Moody s or BBB(low) or higher by DBRS. Generally they are bonds that are judged by the rating agency as likely enough to… … Wikipedia
high yield debt — high yield debt/high yield bonds Also known as junk bonds. bonds rated by credit rating agencies as sub investment grade (in other words, below BBB in the case of Standard & Poor s or below BAA in the case of Moody s). They tend to be fixed rate … Law dictionary
high-yield debt — high yield debt/high yield bonds Also known as junk bonds. bonds rated by credit rating agencies as sub investment grade (in other words, below BBB in the case of Standard & Poor s or below BAA in the case of Moody s). They tend to be fixed rate … Law dictionary
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
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
Bond credit rating — In investment, the bond credit rating assesses the credit worthiness of a corporation s or government debt issues. It is analogous to credit ratings for individuals. Contents 1 Table 2 Credit rating agencies 3 Credit rating tiers … Wikipedia
Moody's — Corporation Type Public Traded as NYSE: MCO Founded New York City (1909) … Wikipedia
List of countries by credit rating — This is a list of countries by credit rating, showing long term foreign currency credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard Poor s, Fitch and Moody s. The ratings of Dagong, a Chinese rating … Wikipedia
