• See Against Actuals.

 Embedded terms in definition
Against actuals
 Referenced Terms
 Bond rating: Denotes the safety of the bonds. Probability of default generally increases as the bond ratings decline. Bottom falls out as we go to below investment grade bonds. The highest bond rating is AaA followed by AA, A, and BBB. The lowest investment quality bond rating is BBB. All ratings below BBB are junk bonds. These are BB, B, and CCC. D denotes bonds that have already defaulted.An evaluation of the possibility of default by a bond issuer, based on an analysis of the issuer's financial condition and profit potential. Bond rating services are provided by, among others, Standard & Poor's 500, Moody's Investors Service and Fitch Investors Service.

<< A&l management Aarp >>

Getting Your Finances Ready for Your Golden Years: If you're seriously considering retirement, you also should be seriously thinking about how to ensure that your financial life is as comfortable and stress-free as possible. Here are a few tips. More...

You are what you think. You are what you go for. You are what you do! Bob Richards


Copyright 2009-2018 GVC. All rights reserved.