What is the meaning of High-grade bond?

High-grade bond is a bond with Triple-A or Double-A rating in Standard & Poor's, or Moody's rating system.

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APABarry Goldsmith. (2010). high-grade bond. Retrieved September 22, 2026, from http://smartdefine.org/high-grade_bond/definitions/1155407
ChicagoBarry Goldsmith. 2010. "high-grade bond" http://smartdefine.org/high-grade_bond/definitions/1155407 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, high-grade bond, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/high-grade_bond/definitions/1155407>.
MLABarry Goldsmith. "high-grade bond" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/high-grade_bond/definitions/1155407>