low-grade


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

High-Yield Bond

A bond with a low rating. Bonds rated less than Baa3 by Moody's or BBB- by S&P or Fitch are considered high-yield bonds. They have higher yields because they have a higher risk of default on the part of the issuer. High-yield bonds are considered sufficiently high-risk that the law does not allow banks to invest in them. They are also called low-grade bonds, and, informally, junk bonds.

low-grade

Of or relating to debt that has a credit rating of B or below. Low-grade debt offers an above-average yield but entails substantial risk because promised payments may not be made in a timely manner.
References in periodicals archive ?
Supratentorial low-grade astrocytoma: prognostic factors, dedifferentiation, and the issue of early versus late surgery.
Immunohistochemical studies with ER, CK5, and PR showed a significant difference in staining pattern between UDH versus ADH and low-grade DCIS (P < .
Low-grade fibromyxoid sarcoma and hyalinizing spindle cell tumor with giant rosettes: a clinicopathologic study of 73 cases supporting their identity and assessing the impact of high-grade areas.
The superior turbinate remnant demonstrated a focus of well-differentiated low-grade adenocarcinoma.
While National Hardwood Lumber Association (NHLA) grading rules are effective and necessary in establishing a basis for lumber valuation and trading, it is assumed that in some cases a specific grade category might serve as a barrier to low-grade lumber utilization in secondary hardwood industries.
Some environmentalists are cautiously optimistic Nathanael Greene, senior policy analyst for the Natural Resources Defense Council, says the company must guarantee that the wood waste is free from toxic contaminants and that the low-grade wood materials are harvested in an environmentally responsible manner.
These limitations are particularly true of urine cytology, where most low-grade papillary lesions are missed on cytologic examination of urine.
for the treatment of relapsed, or refractory low-grade, follicular or transformed B-cell NHL, including patients with RITUXAN refractory follicular NHL.
Minera Escondida is conducting a feasibility study for a 200,000-mt-per-year project to leach low-grade sulphide ores at its operations in northern Chile.
While high-grade gliomas are treated with radiation therapy as standard of care, disagreement exists about whether low-grade gliomas should be treated with radiation.
A 6l-year-old Japanese woman had recurrent low-grade endometrial stromal sarcoma (ESS) after primary treatment 9 years earlier.
Of course, you'd expect nothing less from this type of low-grade ligger, but what's the Odeon manager's excuse?

Full browser ?