The likelihood that a corporation or government bond issuer will fail to repay its debts. Bond ratings from services such as Standard and Poor's, Moody's Investors Service, and Fitch ratings provide investors with a means of evaluating the issuer's creditworthiness and by extension the default risk for a given bond.
Browse by Subjects
American Municipal Bond Assurance Corporation (AMBAC)
See All Related Terms »
Bankers Automated Clearing Services
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):