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BA |
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BA The two-character ISO 3166 country code forBOSNIA AND HERZEGOVINA.
Ba A bond rating by Moody's. It is subdivided (in decreasing order) into Ba1, Ba2, and Ba3. A Ba rating is equivalent to a BB rating by S&P and Fitch. A Ba rating is the highest possible junk bond rating, meaning that a bond with this rating carries less risk than other junk bonds. Nevertheless, banks are prohibited from investing in them. Bankers Acceptance (BA) What Does Banker's Acceptance (BA) Mean? A short-term credit investment created by a nonfinancial firm and guaranteed by a bank. Investopedia explains Banker's Acceptance (BA) Acceptances are traded at a discount from face value on the secondary market. Banker's acceptances are very similar to T-bills and often are used in money market funds. Related Terms: How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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