Standard and Poor's

Standard and Poor's
Standard & Poor's (S&P)
USA
Standard & Poor's Ratings Services, a division of The McGraw-Hill Companies, Inc. is a rating agency that ranks the credit-worthiness of borrowers by rating their debt or other securities using a standardized ratings scale (like Moody's). They rate common and preferred stock, bonds and commercial paper.
Long-term Issue Credit Ratings. The scale runs from AAA to D and intermediate ratings of (+) or (-) are offered at each level between AA and CCC (for example, BBB+, BBB and BBB-). S&P may also offer guidance (referred to as a credit watch) on whether it is likely to be upgraded (positive), downgraded (negative) or uncertain (neutral).
investment grade: AAA, AA, A, BBB (from best quality to good quality but somewhat vulnerable to changing economic conditions).
non-investment grade (also referred to as junk): BB, B, CCC, CC, C (speculative; from the least degree of speculation to the highest degree); D (in payment default).
Short-term Issue Credit Ratings. The scale runs from A-1 to D. An A-1 rating may be designated with a plus sign (+) to indicate that the issuer's commitment to meet its obligation is extremely strong.
• A-1, A-2, A-3 (from best quality to good quality but somewhat vulnerable to changing economic conditions).
• B, B-1, B-2, B-3 (speculative; from the least degree of speculation to the highest degree).
• C (currently vulnerable to nonpayment and dependent on favorable business, financial and economic conditions).
• D (in payment default or bankruptcy petition has been filed).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Standard and Poor's — Standard Poor s (S P) дочерняя компания корпорации финансового рынка. Наряду с Moody s и Fitch Ratings данная компания принадлежит к тройке самых влиятельных международных рейтинговых агентств. S P известна также как создатель и редактор… …   Википедия

  • Standard and Poor's — UK US noun (also Standard & Poor s 500 Stock Index™, ABBREVIATION S & P) FINANCE, STOCK MARKET ► a US ratings agency (= organization that calculates the risk that loans will not be paid back) that also publishes a share index (= list of the… …   Financial and business terms

  • Standard and Poor's — noun a broadly based stock market index • Syn: ↑Standard and Poor s Index • Instance Hypernyms: ↑stock index, ↑stock market index * * * Standard and Poor’s [Standard and Poors] an internationa …   Useful english dictionary

  • Standard and Poor — Standard Poor s Standard Poor s (S P) est une filiale de McGraw Hill qui publie des analyses financières sur des actions et des obligations. C est une des trois principales sociétés de notation financière, avec ses concurrents Moody s et Fitch… …   Wikipédia en Français

  • Standard and Poor's — Standard Poor s Standard Poor s (S P) est une filiale de McGraw Hill qui publie des analyses financières sur des actions et des obligations. C est une des trois principales sociétés de notation financière, avec ses concurrents Moody s et Fitch… …   Wikipédia en Français

  • Standard and Poor's 500 Stock Index — S&P 500 The widest general market index of stocks produced by the US credit rating agency Standard and Poor; it is made up of 425 shares in US industrial companies and 75 stocks in railway and public utility corporations …   Big dictionary of business and management

  • Standard and Poor's Index — noun a broadly based stock market index • Syn: ↑Standard and Poor s • Instance Hypernyms: ↑stock index, ↑stock market index …   Useful english dictionary

  • Standard and Poor’s — an international company started in 1941 based in New York which provides credit ratings (= a judgement about how likely someone is to pay back money that they borrow, and how safe it is to lend money to them). * * * …   Universalium

  • Moody, Standard and Poor — Studio album by Obits Released …   Wikipedia

  • Standard \x26 Poor\'s — Standard Poor s Standard Poor’s (S P)  дочерняя компания корпорации McGraw Hill, занимающаяся аналитическими исследованиями финансового рынка. Наряду с Moody s и Fitch Ratings данная компания принадлежит к тройке самых влиятельных… …   Википедия

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”