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

Investing Essentials


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

Term of the Day

Fully depreciated

An asset that has already been charged with the maximum amount of depreciation allowed by the IRS for accounting purposes.

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