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In investment, the credit rating assesses the credit worthiness of a corporation. It is analogous to credit ratings for individuals and countries. The credit rating is a financial indicator to potential investors of debt securities such as bonds. These are assigned by credit rating agencies such as Standard & Poor's and have letter designations such as AAA, B, CC. Invest redirects here. ...
Credit risk or credit worthiness is the risk of loss due to a counterparty defaulting on a contract, or more generally the risk of loss due to some credit event. Traditionally this applied to bonds where debt holders were concerned that the counterparty to whom theyve made a loan...
A corporation is a legal person which, while being composed of natural persons, exists completely separately from them. ...
A credit rating agency is a company that rates the ability of a person or company to pay back a loan. ...
For other uses, see Debt (disambiguation). ...
Security is a type of transferable interest representing financial value. ...
Within finance, a bond is a debt security, in which the issuer owes the holders a debt and is obliged to repay the principal and interest (the coupon). ...
A credit rating agency is a company that rates the ability of a person or company to pay back a loan. ...
In the United States, there are five corporations that have received the Nationally Recognized Statistical Rating Organization (NRSRO) designation, and are overseen by the SEC in their assignment of credit ratings: Standard & Poor's (S&P), Moody's, Fitch, A. M. Best and Dominion Bond Rating Service. S&P, Moody's, and Fitch are far larger than A.M. Best and Dominion, and dominate the market. Nationally Recognized Statistical Rating Organizations is a United States government designation that was created by Securities and Exchange Commission in 1975 to allow federal regulatory oversight of credit rating organizations. ...
The Securities and Exchange Commission, commonly referred to as the SEC, is the United States governing body which has primary responsibility for overseeing the regulation of the securities industry. ...
Publications Standard & Poors publishes a weekly (48 times a year) stock market analysis newsletter called The Outlook, which is issued both in print and online to subscribers. ...
Moodys Corporation (NYSE: MCO) is the holding company for Moodys Investors Service which performs financial research and analysis on commercial and government entities. ...
Fitch Ratings, Ltd. ...
A.M. Best is a NRSRO (Nationally Recognized Statistical Rating Organization) by the U.S. Securities and Exchange Commission. ...
Dominion Bond Rating Service is a credit rating agency based in Toronto, Ontario. ...
Moody's assigns bond credit ratings of Aaa, Aa, A, Baa, Ba, B, Caa, Ca, C, D. Standard & Poor's and Fitch assign bond credit ratings of AAA, AA, A, BBB, BB, B, CCC, CC, C, D.
Moody's, S&P and Fitch will all also assign intermediate ratings at levels between AA and B (i.e., BBB+, BBB and BBB-), and may also choose to offer guidance (termed a "credit watch") as to whether it is likely to be upgraded (positive), downgraded (negative) or uncertain (neutral).
As of 2005, there are only 8 companies rated AAA by all three major credit agencies: 2005 is a common year starting on Saturday of the Gregorian calendar. ...
Automatic Data Processing, Inc. ...
Berkshire Hathaway (NYSE: BRKa, NYSE: BRKb) is a company headquartered in Omaha, Nebraska, USA, that oversees and manages a number of subsidiary companies. ...
Exxon Mobil Corporation or ExxonMobil (NYSE: XOM), headquartered in Irving, a suburb of Dallas, Texas, is the largest publicly traded integrated oil and gas company in the world, formed on November 30, 1999, by the merger of Exxon and Mobil. ...
GE redirects here. ...
Johnson & Johnson (NYSE: JNJ) is an international American pharmaceutical, medical devices and consumer packaged goods manufacturer founded in 1886. ...
Pfizer, Incorporated (NYSE: PFE), is the worlds largest pharmaceutical company based in New York City. ...
Toyota redirects here. ...
United Parcel Service Inc. ...
See also
Credit risk is the risk of loss due to a counterparty defaulting on a contract, or more generally the risk of loss due to some credit event. Traditionally this applied to bonds where debt holders were concerned that the counterparty to whom theyve made a loan might default on...
In finance, default occurs when a debtor has not met its legal obligations according to the debt contract, e. ...
External links - "What Is A Corporate Credit Rating?", Investopedia.com
- "As company priorities shift, fewer get AAA debt rating," USA Today
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