Rating
A judgment by a rating agency as to the credit quality of a bond.
bond-basics
Downgrade (Ratings)
The lowering of a Rating by a Rating Agency. Lower Ratings indicate lower credit quality.
See Also
In Contrast To
Upgrade (Ratings)
The increasing of a rating by a rating agency. Higher ratings indicate higher credit quality.
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Hundreds of Terms and Concepts
Credit Enhancement
The use of the credit of an entity having greater financial strength than the issuer or borrower to improve the credit quality of a bond issue.