Asked by Julianna Velaj on Jun 07, 2024
Verified
Elaborate on what does a BBB credit rating signifies.
BBB Credit Rating
This is a credit score indicating that the borrower has a good credit standing, typically associated with medium-grade investment securities with a moderate risk of default.
- Master and convey the importance of different credit rankings.
Verified Answer
MV
Miloslav VojtaJun 10, 2024
Final Answer :
BBB signifies adequate credit quality. The capacity for the payment of financial obligations is considered acceptable. May be vulnerable to future events.
Learning Objectives
- Master and convey the importance of different credit rankings.