Rating
A judgment by a rating agency as to the credit quality of a bond.
bond-basics
Upgrade (Ratings)
The increasing of a Rating by a Rating Agency. Higher Ratings indicate higher credit quality.
See Also
In Contrast To
Downgrade (Ratings)
The lowering of a rating by a Rrting agency. Lower ratings indicate lower credit quality.
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Hundreds of Terms and Concepts
Useful Life
An accounting estimate of the number of years it is likely for an asset to remain in service for the purpose of cost-effective revenue generation.