| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
rating service
Definition 1.
A company that publishes ratings for securities such as preferred stock and debt issues based on the likelihood of consistent and timely payments. These rankings are arrived at by looking at a variety of balance sheet data. Some rating services are very influential, and an upgrade or downgrade can affect their borrowing costs significantly.
|
Definition 2.
A company, such as Moody's or Standard & Poor's, that rates various debt and preferred stock issues for safety of payment of principal, interest, or dividends.
|
|
|