bond rating
3
5.4
- noun
- /bɑnd ˈreɪtɪŋ/
- Specialized
:
calificación de bonos
- A higher bond rating can lead to lower interest rates for government borrowing, benefiting taxpayers in the long run.
- AAA bond rating
- bond-rating agency
- bond rating firm
Examples
-
Moody's, the bond rating agency, cited the inadequate fund balance when it downgraded the county's bond rating last summer.
Blog text (23) -
The financial report revealed that the city's bond rating has improved, making it easier to attract investors.
-
The bond rating is extremely important.
Blog text (2) -
We also do not know whether it would affect our bond rating.
Blog text (2) -
Neither is the federal government, and so it has lost its AAA bond rating.
Blog text (18) -
Our bond ratings are AAA+.
Fiction book (1998) -
That would have been a good thing, and likely would have prevented the downgrade in our bond rating.
Blog text (14) -
We've worked to sustain our rainy day fund, maintain the highest possible bond rating, and keep the City's budget balanced, closing gaps of nearly $450 million over the past four years.
Blog text (18) -
Besides improving the city's short-term financial position, Parker's management helped raise the city's general obligation bond rating from "junk" (i.e., below "BB+") to an "A" status (Parker, 2013).
Academic text (2017) -
Due to increasing debt, the company's bond rating was recently downgraded to a lower level by credit agencies.
Synonyms
29
3.5
A number showing how likely a person, company or country will repay loans
How Creditworthy
- Specialized
3
5.4
- Specialized
33
7.0
Surface Forms
Morphology
The meaning is directly compositional: 'bond' (a debt instrument) combined with 'rating' (an evaluation) yields an evaluation of a bond's creditworthiness. This follows a common noun+noun pattern and is cross-linguistically transparent, so a B1 learner who knows both constituents should be able to infer the meaning.
Etymology
Bond rating comes from the simple idea of giving a grade to a bond ('bond' meaning a loan) and calling that a rating. That's why a bond rating tells investors how 'safe' the loan seems and how likely the issuer will 'default'.