Examlex
Custer's defeat at Little Big Horn in 1876 was made possible in part by an unusually large gathering of tribal warriors.
AAA Credit Rating
The highest credit rating assigned to a borrower's debt instruments by credit rating agencies, indicating an extremely low risk of default.
A Credit Rating
This is an evaluation of the credit risk of a prospective debtor, predicting their ability to pay back the debt and an implicit forecast of the likelihood of the debtor defaulting.
Note
Unsecured debt, usually with a maturity under 10 years.
Protective Covenant
A clause in a financial contract that restricts certain actions of the borrower to protect the lender's interests.
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