AA

AA definition - business

AA

A grade assigned to a debt obligation by a rating agency to indicate a very strong capacity to pay interest and repay principal. Such a rating indicates only slightly lower quality than the top rating of AAA. Also called Aa.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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