Nonrated: Used in reference to fixed-income instruments, it signifies that risk has not been calculated by a ratings agency such as Fitch, Moody’s and Standard & Poor’s. Smaller companies rarely can afford the cost of obtaining a rating; however, this doesn’t necessarily signify that their credit quality is low. Relates to debt.
« Back to Glossary IndexUnrated
by [email protected] | Oct 4, 2022
