Glossary of Stock Market Terms
A rating within speculative grade Moody's Long-term Corporate Obligation Rating. Obligations rated C are the lowest rated class of bonds and are typically in default, with little prospect for recovery of principal or interest. Rating one notch higher is Ca.
A rating within speculative grade Moody's Long-term Corporate Obligation Rating. Obligations rated C are the lowest rated class of bonds and are typically in default, with little prospect for recovery of principal or interest. Rating one notch higher is Ca.