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

First preferred stock

A type of preferred stock that has priority over other preferred issues and common stock when claiming dividends and assets.

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