A rating based on the possibility of default by a bond issuer. The ratings range from AAA (highly unlikely to default) to D ( in default). Bloomberg Financial Dictionary
See: rating, investment-grade bonds. Bloomberg Financial Dictionary
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Ⅰ.
bond rating UK US noun FINANCE
► [C] a description of the quality of a particular bond and the level of risk thought to be involved in buying it: »
'AAA' is the highest grade bond rating.
Ⅱ.
bond rating UK US adjective [before noun] FINANCE
► a bond rating company describes the quality of particular bonds and the level of risk thought to be involved in buying them: »
Two major bond rating agencies lowered Tennessee's bond rating.
Financial and business terms. 2012.