not rated

not rated definition - business

not rated

Of or relating to an issue of fixed-income securities that has not been rated by an agency such as Moody's or Standard & Poor's. The fact that an issue is not rated does not necessarily mean the securities are risky. Also called nonrated bonds.

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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