What is the meaning of Low grade?

Low grade is a bond with a rating of B or lower.

Barry Goldsmith
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APABarry Goldsmith. (2010). low grade. Retrieved September 21, 2026, from http://smartdefine.org/low_grade/definitions/1157598
ChicagoBarry Goldsmith. 2010. "low grade" http://smartdefine.org/low_grade/definitions/1157598 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, low grade, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/low_grade/definitions/1157598>.
MLABarry Goldsmith. "low grade" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/low_grade/definitions/1157598>