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.
The MCB-Miniature Circuit Breaker. An MCB is a form of fuse (protective device) which overcomes the traditional problem associated with fuses in so much as when one blows it does not need to be replaced as a fuse does or in older fuses, the wire does not need replacing.CB's operate when they sense an overload, or over current, and become an automatic switch, turning off, or tripping, the MCB when it detects such an overload.