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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Realized volatility

Sometimes referred to as the historical volatility, this term usually used in the context of derivatives. While the implied volatility refers to the market's assessment of future volatility, the... Read More

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