B

B definition - business

B

A low, speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates there is considerable uncertainty as to the ability to pay interest and repay principal over a long period.

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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