Examlex
An unfavorable materials quantity variance occurs when the actual quantity used in production is less than the standard quantity allowed for the actual output of the period.
S&P Rating
A credit rating given by Standard & Poor's, evaluating the creditworthiness of a borrower, ranging from AAA (excellent) to D (in default).
Investment Grade
A credit rating indicating a low risk of default, used to classify bonds that are considered safe investments.
BBB
A bond credit rating given to a medium credit quality debt instrument, indicating moderate risk.
Primary Market Transaction
Deals with the issuance of new securities directly from the issuer to investors.
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