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

Child Berkshire Definition

Child Berkshire Definition

What Is a Baby Berkshire? Baby Berkshire is a nickname for Berkshire Hathaway Class B shares after the 50:1 stock split on Jan. 21, 2010. The stock split made it easier for Berkshire Hathaway to pay for its acquisition of the Burlington Northern Santa Fe railroad. The primary difference between Berkshire Hathaway’s Class A stock