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However, ratings can fluctuate after the debt is issued, and even senior tranches could be rated below investment grade (less than BBB). The deal's indenture (its governing legal document) usually details the payment of the tranches in a section often referred to as the waterfall (because the monies flow down).
Disaster risk reduction (DRR) is defined by United Nations Office for Disaster Risk Reduction (UNDRR) as those actions which aim to "prevent new and reducing existing disaster risk and managing residual risk, all of which contribute to strengthening resilience and therefore to the achievement of sustainable development".
A credit card is a common form of credit. With a credit card, the credit card company, often a bank, grants a line of credit to the card holder. The card holder can make purchases from merchants, and borrow the money for these purchases from the credit card company. Domestic credit to private sector in 2005
Business-to-business (B2B or, in some countries, BtoB) is a situation where one business makes a commercial transaction with another. This typically occurs when: This typically occurs when: A business sources materials for its production process for output (e.g., a food manufacturer purchasing salt), i.e. providing raw material to the other ...
Moody's credit ratings Investment grade Rating Long-term ratings Short-term ratings Aaa: Rated as the highest quality and lowest credit risk. Prime-1 Best ability to repay short-term debt Aa1: Rated as high quality and very low credit risk. Aa2 Aa3 A1: Rated as upper-medium grade and low credit risk. A2: Prime-1/Prime-2
A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. A financial institution makes available an amount of credit to a business or consumer during a specified period of time. [1]
In the video game industry, AAA (Triple-A) is a buzzword used to classify video games produced or distributed by a mid-sized or major publisher, which typically have higher development and marketing budgets than other tiers of games. [1]
The GSIS was the first government agency in the Philippines to adopt the Unified Multi-Purpose ID System, "which aims to streamline and harmonize the identification systems of all government agencies and government-owned and controlled corporations through the use of a unified multi-purpose ID". [8]