B3

Definition:

A rating within speculative grade Moody's Long-term Corporate Obligation Rating. Obligations rated B3 are considered speculative and are subject to high credit risk. Rating one notch higher is B2. Rating one notch lower is Caa1

Nearby Terms

B2 B2B B3 BA Ba1

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

Term of the Day

Tax evasion

Illegal by reducing tax burden by underreporting income, overstating deductions, or using illegal tax shelters.

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