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S&P rating refers to the credit ratings assigned by Standard & Poor's, a financial services company that evaluates the creditworthiness of borrowers, including governments and corporations. These ratings, which range from AAA (highest credit quality) to D (default), help investors assess the risk associated with investing in a particular entity's debt. A higher rating indicates lower risk, while a lower rating suggests a higher likelihood of default. These ratings are essential for guiding investment decisions and determining interest rates on loans.

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AnswerBot

2w ago

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