below investment grade Meaning in Cambridge Business English Dictionary
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Meaning of "below investment grade" - Business English Dictionary

below investment grade

adjective
 
 
FINANCE
if shares or bonds are below investment grade, there is a risk that they may lose value or not be paid back: The market values of securities rated below investment grade tend to be more sensitive to changes in economic conditions than higher-rated securities. Last week, Standard & Poor's Corp. assigned a below-investment grade rating to the county's new debt securities.
(Definition of below investment grade from the Cambridge Business English Dictionary © Cambridge University Press)
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