Briefly Explain Bond Ratings

question 2

Essay

Briefly explain bond ratings.

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Definitions:

Writ of Appeal

A legal document filed by an appellant seeking a higher court's review of a lower court's decision.

Acts of Congress

Legislation that has been passed by both houses of Congress and signed into law by the President, or passed over his veto.

Violated the Constitution

Acted in contravention of the laws and provisions set out in the Constitution, undermining its principles or specific clauses.

Senate Filibuster

A procedural tactic in the United States Senate whereby a senator refuses to relinquish the floor and thereby delays proceedings and prevents a vote on a controversial issue.