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Average QualityA measure of the financial soundness of an institution, indicating its ability to honor financial obligation in a timely manner. Ratings agencies, such as Moody's, S&P, A. M. Best, and Duff & [..]
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Average QualityThe average quality value of all bonds held by the security. Bond Quality: Indicates the likelihood of default by the bond issuer. A ratings method based on the range from AAA (highly unlikely) to D ( [..]
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