A3

Definition:

The seventh highest rating in Moody's Long-term Corporate Obligation Rating. Obligations rated A3 are considered upper-medium grade and are subject to low credit risk. Rating one notch higher is A2. Rating one notch lower is Baa1

Nearby Terms

A1 A2 A3 Aa1 Aa2

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

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Movement or trend in the stock market that causes all stocks in all sectors to move in the same direction.

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