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Fallen Angels |
Also found in: Wikipedia | 0.02 sec. |
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Fallen angels Bonds that at the time of issue were considered investment grade but that have dropped below that rating over time. Fallen Angels Stocks or bonds that have become much riskier over a rather short period of time. For example, a fallen angel bond is usually a former investment-grade bond that has been reduced to junk status because of a reduction in the issuer's credit rating. Likewise, a fallen angel stock has usually dropped in price significantly in a short period of time time. Fallen angels can be good investments for bottom feeders, but they may also indicate that the issuing company is about to go bankrupt. 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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