Aa1

Definition:

The second highest rating in Moody's Long-term Corporate Obligation Rating. Obligations rated Aa1 are judged to be of high quality and are subject to very low credit risk. Rating one notch higher is Aaa. Rating one notch lower is Aa2

Nearby Terms

A2 A3 Aa1 Aa2 Aa3

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

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Trade credit

Credit one firm grants to another firm for the purchase of goods or services. That is, when the goods are delivered, the recipient does not have to pay immediately for the goods - a credit is given... Read More

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