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Notch

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Notch

Slang; in bond trading, a small increase or decrease in a bond rating. For example, if a rating goes from AAA to AA+, it is said to decline by a notch.
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References in periodicals archive
The revised criteria also incorporate a change to the way that Fitch applies recovery notching for junior subordinated certificates (class C and D).
"MARC's notching guidelines for rating Basel III-compliant capital instruments are as follows:-
In addition to the ~3.5 dB deeper mean notch depth when the notching was bilateral, the histograms of the RE notch depths of unilateral notches (striped) and bilateral notches (shaded) shown in Figure 7 demonstrate that the distributions of the unilateral and bilateral notch depths were different.
Lobsters collected for the experiment reflected the criteria for lobsters eligible for notching in the field; therefore, only female lobsters that were not egg bearing and had no visible signs of shell disease were chosen.
JAMS put out a safety of use message, AMCOM-08-003, on the launcher notching.
In general, falling-weight tests are easier to use because no notching of samples is required.
144, for rules related to notching and boring studs.
Notching of the blank samples causes the fracture energy per unit thickness to decrease slightly (about 12% for bs- and 6.5% for n*-notched) from the corresponding value of the untreated samples.
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