Glossary entry

English term or phrase:

AAA type of risk

Russian translation:

Самая надежная группа риска

Added to glossary by SCTranslations
Aug 22, 2005 15:35
18 yrs ago
English term

AAA type of risk

English to Russian Bus/Financial Insurance insurance bonds
Could anyone please explain me the meening (not necessary the translation) of the phrase: "This might lead to the idea that insurance was actually transferable. People would then be risk rated themselves. If you were an AAA type risk, you would get certain benefits from the universal insurance bond. If you were only an AA type, you would get lesser benefits."

Discussion

Non-ProZ.com Aug 22, 2005:
"meaning," of course - sorry for a misprint

Proposed translations

+5
25 mins
Selected

AAA=samaya nadezhnaya gruppa riska

AAA is the highest category/most reliable risk: An obligation rated “AAA” has the highest rating assigned by Standard and Poor’s. The obligor’s capacity to meet its financial commitment on the obligation is extremely strong.

The three major rating agencies that evaluate municipal credit are Moody's Investors Service, Standard & Poor's Corporation (S&P), and Fitch Investors Service. They research the issuer's ability to repay debt and then assign a rating symbol which ranks the quality of the bonds. The chart below describes the rating symbols used for bonds and notes.
http://www.comptroller.nyc.gov/bureaus/pf/faq.shtm#11
Peer comment(s):

agree Svetlana Touloub
0 min
Thank you, Svetlana :)
agree Andrey Belousov (X)
3 mins
Thank you, Andrey :)
agree Mrs Shell
13 mins
Thanks, Larysa :)
agree DTW
15 mins
Thank you :)
agree Denis Kiselev
13 hrs
Thanks, Denis :)
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4 KudoZ points awarded for this answer. Comment: "So, I guess, the author suggests that it should be a person who decides on the rating of his/her bond, not Standard and Poor’s… Hope my guess is right, thank you very much for helping me with getting the meaning."
28 mins

Рискну предположить

aaa type of risk - very low risk
AA type risk - low risk
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