Image by Â©iStock.com/nicoolay. Marijuanaâalso called weed, herb, pot, grass, bud, ganja, Mary Jane, and a vast number of other slang termsâis a greenish-gray mixture of the dried, shredded leaves and flowers of Cannabis sativa, the hemp plant.
Municipal Bond Ratings. What is a Bond Rating. A bond rating performs the isolated function of credit risk evaluation. A bond rating does not constitute a recommendation to invest in a bond and does not take into consideration the risk preference of the investor. While many factors go into the investment decision making process, the bond rating is often the single most important factor affecting the interest cost on bonds.
DEFINITION of 'Weighted Average Credit Rating'. The weighted average of all the bond credit ratings in a bond fund. The measure gives investors an idea of how risky a fund's bonds are overall. The lower the weighted average credit rating, the riskier the bond fund. The weighted average credit rating is expressed as a regular letter rating (AAA, BBB, CCC).