What is the meaning of high-grade?

high-grade is a phrase used to describe investments with the highest quality ratings — usually AAA or AA.

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APABarry Goldsmith. (2010). high-grade. Retrieved September 23, 2026, from http://smartdefine.org/high-grade/definitions/1155406
ChicagoBarry Goldsmith. 2010. "high-grade" http://smartdefine.org/high-grade/definitions/1155406 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, high-grade, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/high-grade/definitions/1155406>.
MLABarry Goldsmith. "high-grade" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/high-grade/definitions/1155406>
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