Speculative: Difference between revisions
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imported>Doug Williamson (Expand.) |
imported>Doug Williamson (Add link.) |
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== See also == | == See also == | ||
* [[Arbitrage]] | * [[Arbitrage]] | ||
* [[Carry trade]] | |||
* [[Credit rating]] | * [[Credit rating]] | ||
* [[Hedging]] | * [[Hedging]] | ||
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* [[Rating agencies]] | * [[Rating agencies]] | ||
* [[Speculative motive]] | * [[Speculative motive]] | ||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Revision as of 12:10, 27 May 2020
1. Credit ratings
A rating attributed to a security that is deemed speculative (less certain in respect of the preservation of the capital invested) in the opinion of a credit rating agency such as Fitch Ratings, Moody’s or Standard and Poor’s.
Speculative grade represents credit ratings which are weaker than investment grade.
Also known as 'non-investment' grade.
2.
A transaction, investment or position taken in the hope or expectation of a gain following a favourable change in market prices.
Contrasted with a hedging or arbitrage transaction.
