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English definition of “grade”

grade

noun [C]
 
 
/ɡreɪd/
BANKING a letter or combination of letters used by ratings agencies to show how certain they are that a loan will be paid back by the person or organization that borrowed the money: Bonds which are rated A are considered as upper-medium grade obligations. → See also investment-grade
PRODUCTION one of the levels of quality given to a particular product or substance : March futures on commercial grade coffee closed at $1.04 per pound Friday.high/low grade Technicians carefully loaded new fuel rods of high grade uranium into the cooling water.aircraft/human/weapons, etc. grade The scooters are made from aircraft grade aluminium alloy and weigh just 2.76kg.
HR a level or division within an organization or system: The administrative grade, recruited from top-quality university graduates, prepares policy advice for ministers. a pay/salary grade
make the grade to be as good as expected or as good as is necessary: Many of the online shops simply failed to make the grade.
(Definition of grade noun from the Cambridge Business English Dictionary © Cambridge University Press)
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