Glossary of Financial & Economic Terms

 

     
   

A

AAA (credit rating)

Abnormal profit

Abnormal returns

Accelerator effect

Accelerated supply

Accord and satisfaction

Accounting cost

Account (Allocated) gold

Account (Certificate) gold

Account (unallocated) gold

Accredited investor

Accrual bond

Active management

Activist shareholder

Adaptive expectations

Advance premium forward

Adverse selection

Aggregate demand

Aggregate expenditure

Aggregate supply

Allotment (financial)

Alpha (investment)

American option

Angel investors

Annual report

Annuity

Anonymous banking

Anticipation (finance)

Antidumping

Arbitrage

Arbitrage pricing theory

Arbitristas

Argentine currency board

Arrovian uncertainty

Art finance

Asian financial crisis

Asian option

Asset pricing

Asset specific required rtn

Asset-based economy

Assignment

At-the-money (moneyness)

Auction call

Audit

Austrian school/economics

Autarky

Automatic stabilizer

Autonomous consumption

Average cost

 

THIS GLOSSARY STILL UNDER CONSTRUCTION
 

AAA (credit rating)

T

 

AAA is the highest credit rating given by debt analysis agencies such as Standard and Poors, Moody's, and A. M. Best. A triple-A credit rating allows a corporation or government to borrow at a low interest rate because the market accepts a small risk premium.

In contrast, companies with poor creditworthiness must often borrow at high interest rates by issuing high yield bonds (commonly referred to as "junk bonds").

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

source http://en.wikipedia.org/wiki/AAA_%28credit_rating%29

 

back to top

 

   

This article is licensed under the GNU Free Documentation License.