Ok Understand Definition

Ok Understand Definition

What is Adequate Notice The term adequate notice refers to a written document that specifies in detail the terms and conditions of a loan or extension of credit to a consumer. Adequate notice requires the consumer to be informed of key details of the credit arrangement, such as the annual percentage rate, grace period, annual

B1/B+

B1/B+

What Is B1/B+? B1/B+ is one of several non-investment grade credit ratings (also known as “junk”) that may be assigned to a company, fixed-income security, or floating-rate loan (FRN). This rating signifies that the issuer is relatively risky, with a higher than average chance of default. B1/B+ are ratings just below investment grade but are

B3/B- Definition

B3/B- Definition

What Is B3/B-? B3/B- refers to the letter grades ratings agencies assign to companies, issuers, and securities that are considered speculative and carry a greater degree of risk than investment grade bonds. In the world of junk bonds, a B3/B- rating is about as low of a rating as most investors will accept. Key Takeaways

Ba1/BB+ Definition

Ba1/BB+ Definition

What Are Ba1/BB+? Ba1/BB+ are rating designations by Moody’s Investor Service and S&P Global Ratings, respectively, for a credit issue or an issuer of credit that signify higher degrees of default risk on the agencies’ rating spectrums. Ba1/BB+ sits just below investment-grade ratings. Moody’s Investor Service and S&P Global Ratings assign ratings to bonds, preferred stock

Child Bells Definition

Child Bells Definition

What Were the Baby Bells? The term Baby Bells refers to a series of regional telephone companies that provided telephone service to consumers in the United States. They were formed in 1984 following a U.S. Department of Justice antitrust suit against AT&T’s—or Ma Bell’s—monopoly in an effort to create more competition within the industry. The