Ca

Definition:

A rating within speculative grade Moody's Long-term Corporate Obligation Rating. Obligations rated Ca are highly speculative and are likely in, or very near, default, with some prospect of recovery of principal and interest. Rating one notch higher is Caa3. Rating one notch lower is C

Nearby Terms

C&I CA Ca Caa1 Caa2

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

Term of the Day

Annual meeting

Meeting of stockholders held once a year at which the managers of a company report to the stockholders on the year's results.

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