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nonrated Definition

non·rated (nän′rātid)

adjective

  1. not rated
  2. U.S. Navy designating an enlisted person who is not a petty officer

  • nonracial
  • nonradiating
  • nonradical
  • nonradioactive
  • nonratable
  • nonrational
nonrated Finance Definition
A company’s or government’s debt issue that hasn’t been rated by one of the rating agencies, such as Standard & Poor’s. The issue may not be rated because the company or government hasn’t contracted with one of the ratings agencies or the issue is so small that it doesn’t warrant rating.