(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) . 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”.

Examples of (bb) in a sentence

  • It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228).

  • Board of TrusteesPolicies BA, BB series, BD series, and BE seriesTexas law grants the board of trustees the power to govern and oversee the management of the district’s schools.

  • The table includes 20 years of mortality improvements using Society of Actuaries Scale BB.

  • Weapon means any firearm, including a BB gun, whether loaded or unloaded, any knife (excluding a small pen or pocket knife), including a switchblade or other knife having an automatic spring release device, a stiletto, any police baton or nightstick or any martial arts weapon or electronic defense weapon.

  • Any pellet, BB gun or other device, whether operational or not, designed to propel projectiles by spring action or compressed air.


More Definitions of (bb)

(bb) . PERSON" means any "person" within the meaning of Sections 13(d) and 14(d) of the Exchange Act.
(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)  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)  means “BB” only; no “A” or “B” or “C.”
(bb) . Gender identity’ means the gender-related
(bb)  or lower from Fitch, (c) "Ba1" or lower from Moody's and (d) "BB+" or lower from S&P.
(bb) . Performance Period’ means the period, established at the time any Performance Award is granted or at any time thereafter, during which any Performance Goals specified by the Committee with respect to such Performance Award are to be measured.”