Asked by Charlotte Laprarie on May 12, 2024
Verified
Elaborate on what does a B credit rating signifies.
B Credit Rating
A rating denoting a relatively high risk level for investors or lenders, indicating that the entity has significant credit risk but is not in default.
- Acquire knowledge about and articulate the value of various credit evaluations.
Verified Answer
JT
Jazbeth TrevinoMay 14, 2024
Final Answer :
B signifies highly speculative credit quality. There is a high level of uncertainty as to the capacity to meet financial obligations.
Learning Objectives
- Acquire knowledge about and articulate the value of various credit evaluations.