Speculative grade: Difference between revisions
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Revision as of 16:59, 11 December 2016
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, or sometimes 'spec' grade.
