Investment Grade Law and Legal Definition
According to 12 CFR 1.2 [Title 12 Banks and Banking; Chapter I Comptroller Of the Currency, Department of the Treasury; Part 1 Investment Securities]Investment grade means “a security that is rated in one of the four highest rating categories by:
(1) Two or more NRSROs; or
(2) One NRSRO if the security has been rated by only one NRSRO.”
NRSRO means a nationally recognized statistical rating organization.
Legal Definition list
Related Legal Terms
- Actual Investment
- American Recovery and Reinvestment Act [ARRA]
- Association for Investment Management and Research
- Back-tested Performance Data [Investment]
- Cash Flow Investment
- Cash Investment
- Closed-End Investment Company
- Collective Investment Funds (CIFs)
- Collective Investment Institutions
- Community Reinvestment Act (CRA)
