split rating

split rating

Two different ratings given to the same security by two important rating agencies.

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Part of Speech: noun
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Blossary:
Industry/Domain: Financial services
Category: General Finance
Company: Bloomberg
Product:
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Related terms

split-rate tax system

Financial services; General Finance

A tax system that taxes retained earnings at a higher rate than earnings that are distributed as dividends.

split

Banking; Investment banking

Also: share split, stock split. Division of a share into several shares with smaller par values (e.g. division of a CHF 500 share into five CHF 100 shares) without altering the ...

split

Beverages; Wine

A wine bottle that holds 375 mL, half the equivalent of a typical 750 mL bottle.

split

Telecommunications; General telecom

1. With respect to a signal, to divert a portion of it, or divide it, into usually predetermined or specified proportions. 2. In INFOSEC, a secret random number that is a ...

split

Games; Poker

Divide the pot among two or more players rather than awarding it all to a single player.

hardship assistance

Financial services; General Finance

A financial assistance given out in times of personal fincancial hardship, e.g. loss of job, insurance, or property.

government grants

Financial services; Accountancy; Finance; General Finance

Awards of financial assistance in the form of money by governments to an eligible grantee with no expectation that the funds will be paid back. This does not include technical ...

bankers' acceptances (BA)

Financial services; General Finance

Sometimes known as time drafts, these are bearer-form short-term non-interest-bearing notes sold at a discount, redeemed by accepting banks for full face value at maturity.

bed and breakfast deal

Financial services; General Finance

The sale of a share and its repurchase shortly after the beginning of a new tax year. This allows shareholders to register a capital loss or profit for tax purposes while ...

Bank for International Settlements (BIS)

Financial services; General Finance

An international organization that fosters international monetary and financial co-operation and serves as a bank for central banks and international financial organizations. It ...