Rating
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.
See Also
A judgment by a rating agency as to the credit quality of a bond.
In Contrast To
The lowering of a rating by a Rrting agency. Lower ratings indicate lower credit quality.
Agreement used in the purchase of a bond issue by a syndicate to set out the rights, obligations and purchase commitments of each underwriter; to authorize one or more underwriters to act as manager(s); and to give the manager(s) authority to act on behalf of the others in connection with the bond issue.