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.
hob 1. 1. a projection or shelf at the back or side of a fireplace, used for keeping food warm. 2. a milling cutter for gear and sprocket teeth, splines, threads, etc. 3. to cut with a hob. 4. to provide with hobnails.