The Dominion Bond Rating Service (DBRS) Primarily Considers Interest Rate

question 148

True/False

The Dominion Bond Rating Service (DBRS) primarily considers interest rate risk rather than default risk when it rates debt.

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Definitions:

Piezoelectricity

The production of electricity by applying pressure to a crystal.

Pressure

The force applied perpendicular to the surface of an object per unit area over which that force is distributed.

Strict Constructionists

Individuals who interpret the Constitution in a literal and narrow way, often limiting the powers of the federal government.

General Welfare

A clause in the Constitution that allows Congress to pass laws deemed necessary and proper for the health and well-being of the American populace.