Ratings Service

What Does It Mean?
What Does Ratings Service Mean?
A company, such as Moody's or Standard & Poor's, that rates various debt and preferred stock issues for safety of payment of principal, interest, or dividends.
Investopedia Says
Investopedia explains Ratings Service
Ratings range from AAA or Aaa (the highest) to C or D, which represents a company that has already defaulted.
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