A1

Definition:

The fifth highest rating in Moody's Long-term Corporate Obligation Rating. Obligations rated A1 are considered upper-medium grade and are subject to low credit risk. Rating one notch higher is Aa3. Rating one notch lower is A2

Nearby Terms

A A paper A1 A2 A3

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Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Tax-neutrality

Characteristic that taxes do not interfere with the natural flow of capital toward its most productive use.

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