My full name is Generally Accepted Accounting Principles. My name refers to a specific set of guidelines that have been established to help publicly-traded companies create their financial statements. Publicly-traded companies are companies that have made stock in their organization available for sale to the public.
Bond Rating. Rating agencies grade bonds on a letter scale that indicates credit worthiness and risk. In simplest terms, the lower the letter scale, the lower the quality and the higher risk potential: AAA or triple A rating â indicates the highest-quality bonds that offer the highest protection for principal and interest payments; A or single A rating â indicates good to medium-grade bonds; BBB or triple B rating â indicates medium-grade quality bonds, with adequate protection; Below triple B is considered speculative, high-risk securities and the category is referred to as junk bonds.
Best Answer: As in most volume units of English origin, there are several kinds of barrels. To avoid confusion, the bbl abbreviation is used to signify a petroleum barrel of 159 liters. I have no idea where the double b came from, its sort of like why do we abbreviate a pound as lb.The s represents a plural, ie, 1 bbl, 2 bbls, etc.o avoid confusion, the bbl abbreviation is used to signify a petroleum barrel of 159 liters. I have no idea where the double b came from, its sort of like why do we abbreviate a pound as lb.