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Downgrade

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Downgrade
A negative change in ratings for a stock, or other rated security.
Downgrade
A change in the rating of a bond or other security in a downward direction. For example, a bond that had previously been rated AAA may be downgraded to AA. Downgrades are considered detrimental because they mean the ratings agency believes that the issuer of the security is less likely to be able to fulfill its obligations, such as coupon payments. A downgrade increases the cost of funds for the issuer because investors expect a higher return in exchange for the increased risk on the security. See also: Upgrade.
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Now that you have purchased your brand new PSP unit, you probably want to learn how to downgrade your PSP Downgrading your PSP will allow you to play any game you want on your PSP Now that you have purchased your brand new PSP unit, you probably want to learn how to downgrade your PSP.
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This downgrade reflects Snow Brand's decision to provide collateral to 20 billion yen in convertible bonds due in March 2002 and in March 2003,'' the U.
Moody's lowers Snow Brand Milk's debt ratings to Caa1 by Japan Weekly Monitor
 
 
 
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