Noninvestment Grade Bonds


Definition of "Noninvestment grade bonds"

Gina Teague
  RE/MAX Unlimited

Bonds that are less than investment grade plus the bonds that are in or approaching default, which comprise part of the insurance company's investment bond portfolio.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Cesspool

Underground pit or tank used to store sewage. ...

Waiver Of Premium (wp)

In life insurance, action by an insurance company canceling premium payments by an insured who has b ...

Et Al

Abbreviation for the Latin term et alii meaning "and others". ...

Regency House

English-style home. It is usually 2-stories high. The roof is of a hip type. The chimney is on the ...

Combined Ratio

In insurance, combination of the loss ratio and the expense ratio. The combined ratio is important t ...

Pipeline Insurance

Type of inland marine insurance that covers pipelines. Although pipelines are stationary, the covera ...

Related Real Estate FAQ

What Is A Closing?

The process of finalizing all the dealing associated with the sale and purchase of a home. (Also kno ...

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obli ...

Should I Pay Points For A Lower Rate?

Paying points for a lower interest rate is a trade off between paying money now versus paying money ...

What Does Preapproved Mean?

When you are preapproved, you have a definite commitment from a lender ...

How Much Can I Afford ?

Find out what type of home is in your budget by entering a few numbers into our calculator. Our calc ...

What Is Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What is Escrow and how does it Work? What do Real Estate Attorneys do? Real Estate Open House - The Dos and Don What is Earnest Money How To Choose A Realtor

FAQ

What is a cap? What do I need to know about Pet Insurance? When Should I Get Travel Insurance? What is PITI and what does it stand for? Why do people refinance?