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A3

Definition:

The seventh highest rating in Moody's Long-term Corporate Obligation Rating. Obligations rated A3 are considered upper-medium grade and are subject to low credit risk. Rating one notch higher is A2. Rating one notch lower is Baa1

Nearby Terms

A1 A2 A3 Aa1 Aa2

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

Term of the Day

Noisy Chaos

A chaotic dynamical system with either observational or system noise added. See: Chaos, Dynamical Systems, Observational Noise, System Noise.

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