Aaa

Definition:

The highest rating in Moody's Long-term Corporate Obligation Rating. Obligations rated Aaa are judged to be of the highest quality, with minimal credit risk. Rating one notch lower is Aa1.

Nearby Terms

Aa2 Aa3 Aaa AAA+ Bank AAII

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

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Used in the context of general equities. Hierarchy of choices concerning price and volume of bids or offers proposed to a customer (e.g. Menu of offerings to a customer buyer - a) 10m @ 24 1/4; b)... Read More

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