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''Credit ratings''
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.
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.
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Also known as 'non-investment' grade.
Also known as 'non-investment' grade.
2. ''Trading.''
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.




== See also ==
== See also ==
* [[Arbitrage]]
* [[Carry trade]]
* [[Default]]
* [[Credit rating]]
* [[Credit rating]]
* [[Hedging]]
* [[Investment grade]]
* [[Investment grade]]
* [[Rating agencies]]
* [[Rating agencies]]
* [[Speculation]]
* [[Speculative motive]]
* [[Unbacked]]
[[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]]

Latest revision as of 17:18, 10 November 2021

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. Trading.

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.


See also