Rating
A judgment by a rating agency as to the credit quality of a bond.
The lowering of a Rating by a Rating Agency. Lower Ratings indicate lower credit quality.
A judgment by a rating agency as to the credit quality of a bond.
The increasing of a rating by a rating agency. Higher ratings indicate higher credit quality.
Obligation, or “undertaking,” of the Issuer or an obligated person under SEC Rule 15c2-12, typically in the form of a contract or certificate.