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English definition of “high-grade”

high-grade

adjective [only before noun]
 
 
/ˌhaɪˈɡreɪd/
of very good quality: The price of high-grade aluminum for three-month delivery rose US$28 to US$1,615 a ton.
STOCK MARKET, FINANCE used to describe an investment that has little risk: Investors continue to pour money into high-grade bond funds.
(Definition of high-grade from the Cambridge Business English Dictionary © Cambridge University Press)
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