(bb) definition

(bb)  ratings indicate that there is a possibility of credit risk developing, particularly as the result of adverse economic change over time. However, business or financial alternatives may be available to allow financial commitments to be met. Securities rated in this category are not investment grade.

(bb)  indicates the least degree of speculation, and "C" the highest. While such obligations will likely have some quality and protective characteristics, these may be outweighed by large uncertainties or major exposures to adverse conditions. BB: Bonds rated "BB" are less vulnerable to nonpayment than other speculative issues. However, these face major ongoing uncertainties or exposure to adverse business, financial, or economic conditions which could lead to the obligor's inadequate capacity to meet its financial commitment on the obligation.

(bb)  means “BB” only; no “A” or “B” or “C.”

Examples of (bb) in a sentence

• The prices of non-investment grade quality securities (that is, securities rated Ba or lower by Moody’s or BB or lower by S&P or Fitch) are generally more sensitive to negative developments, such as a general economic downturn or an increase in delinquencies in the pool of underlying mortgages that secure an MBS, than are the prices of higher grade securities.

• BB Supplementary General Conditions (for projects that are funded by Federal programs).

• Securities which are rated Ba by Xxxxx’x, XX by S&P, or BB by Fitch IBCA (“Fitch”) have speculative characteristics with respect to capacity to pay interest and repay principal.

• The Term BB Borrowing shall consist of Term BB Loans made simultaneously by the Term BB Lenders in accordance with their respective Term BB Commitments.

• Stat., and all items unlawfully brought onto school property, such as firearms, knives, BB guns, or illegal substances to law enforcement.

More Definitions of (bb)

(bb) . Designated Officer” means any officer or a class of officers authorized by a banking company, either by name or by designation, for the purpose of opening small accounts”.

(bb)  means speculative. “BB” ratings indicate an elevated vulnerability to default risk, particularly in the event of adverse changes in business or economic conditions over time; however, business or financial flexibility exists that supports the servicing of financial commitments.

(bb) . PERSON" means any "person" within the meaning of Sections 13(d) and 14(d) of the Exchange Act.

(bb)  indicates the least degree of speculation and "C" the highest. While such obligations will likely have some quality and protective characteristics, these may be outweighed by large uncertainties or major exposures to adverse conditions.

(bb)  child" means a person who has not completed his fourteenth year of age'.

(bb) . Gender identity’ means the gender-related

(bb)  or lower from Duff & Xxxxxx, (b)"BB" or lower from Fitch, (c) "Ba1" or lower from Moody's and (d) "BB+" or lower from S&P.