bond-basics

Downgrade (Ratings)

The lowering of a Rating by a Rating Agency. Lower Ratings indicate lower credit quality.

See Also

Rating

A judgment by a rating agency as to the credit quality of a bond.

In Contrast To

Upgrade (Ratings)

The increasing of a rating by a rating agency.  Higher ratings indicate higher credit quality.

Hudson Yards Rail Yards

Start with the Bond Basics

Term of the Week

Pre-Closing

A meeting of all the parties prior to the closing, often held the day before the closing.