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

Investing Essentials


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

Term of the Day

Money market

Money markets are for borrowing and lending money for three years or less. The securities in a money market can be U.S.government bonds, Treasury bills and commercial paper from banks and companies.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio