INVESTMENT GRADE, in securities, is a high credit rating indicating bonds generally considered to have the strongest possibility of paying interest and repaying principal when due. Standard & Poor's Corporation considers investment grade bonds to be those it rates from AAA through BBB. Moody's considers investment grade to be from AAA to Baa3. Below investment grade bonds also are known as high yield or junk bonds. The NAIC designates investment grade bonds with the numerical rating of "I" or "2".
REGISTER, in accounting, is a formal or official recording of items within a book or register, e.g., Fixed Asset Register or Invoice Register.
DISQUALIFICATION, in the UK, is when a director is found guilty of "unfit" conduct. The director may then be disqualified from holding any management position for 2 to 15 years.
Enter a term, then click the entry you would like to view.