<P> Credit ratings can address a corporation 's financial instruments i.e. debt security such as a bond , but also the corporations itself . Ratings are assigned by credit rating agencies , the largest of which are Standard & Poor 's , Moody 's and Fitch Ratings . They use letter designations such as A , B , C. Higher grades are intended to represent a lower probability of default . </P>
<P> Credit ratings can address a corporation 's financial instruments i.e. debt security such as a bond , but also the corporations itself . Ratings are assigned by credit rating agencies , the largest of which are Standard & Poor 's , Moody 's and Fitch Ratings . They use letter designations such as A , B , C. Higher grades are intended to represent a lower probability of default . </P>
the credit ratings provided by standard & poor 's moody 's and fitch are intended to indicate
the credit ratings provided by standard & poor 's moody 's and fitch are intended to indicate
probability of default
probability of default