CCC


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CCC

1. A credit rating used by the S&P and Fitch credit agencies for long-term bonds and some other investments. It is equivalent to the CAA rating used by Moody's. A CCC rating represents an extremely high risk bond or investment; banks are not allowed to invest in CCC rated bonds. CCC bonds are junk bonds.

2. Cash conversion cycle. The time between an expenditure of money to make a product and the collection of accounts receivable from the sale of that product. Obviously, a shorter cash conversion cycle is preferable. A longer cash conversion cycle may indicate a current or potential problem with cash flow.

CCC

A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa.
References in periodicals archive ?
Participants get the benefit of learning CCC Pathways techniques while receiving credit toward the AAM designation.
AMI Executive Director Toni Slaton said, "We're pleased to provide credit for the collision estimating training session that CCC offers to its repair facility customers.
CCC Intellisphere(R) Insurance Reporting - CCC's reporting tool, CCC Intellisphere, offers multiple and customizable views into management and performance data, making it easy for insurers to search for and access information;
Products like CCC Accumark and CCC Autoverse offer us the ability to streamline our claims storage and reinspection procedures and allows us to concentrate on what we do best - serving our customers," concluded Olsen.
The settlement requires CCC to pay notice and administration fees and other costs associated with the settlement.
CCC is excited to receive this designation," said CCC President of Service Operations Mary Jo Prigge, who was on hand to receive the award.
John Scully, AAM, ASA's executive vice president, who presented the award to Prigge, added that: "We are proud to honor CCC with this award, as its dedicated staff continually works to move the collision repair industry forward.
Instead of transferring data by printing a hard copy of the estimate and re-keying it to another PC or location - creating another step and opening up the potential for re-keying errors, users can now copy and send existing workfiles from one CCC Pathways unit to another either via e-mail, disc/flash drive or a shared network drive.
Adding the Auto Workfile Entry function into CCC Pathways 4.
Terms of the settlement agreement will require CCC to pay notice and administration fees and other costs associated with the settlement.