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Credit quality |
Also found in: Medical, Wikipedia, Hutchinson | 0.03 sec. |
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Credit quality A measure of a bond issuer's ability to repay interest and principal in a timely manner. Rating agencies assign letter designations such as AAA, AA, and so forth. The lower the rating, the higher the probability of default. |
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Fitch believes if eminent domain powers are restricted to a significant degree, municipal credit quality could be restrained or negatively affected. The ability to build and manage user expectations is closely linked to toll policy and therefore is another key factor in the determination of credit quality. The ratings address timely payment of interest and ultimate payment of principal and are linked to the credit quality of the collateral securities, Bayerische Landesbank Pfandbriefe, rated 'AAA' by Fitch. |
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Credit quality
