ABSTRACT
The top credit rating of the securities
issued by corporations and companies, as
judged by the US rating agency Standard
& Poor. This rating is based on the view
that default is likely to be minimal.
See also: BB; BBB; C; D; DDD; Prime-1
abatement (Q2) see marginal cost of
abatement
ability to pay (H2)
1 The principle of taxation that persons
with equal incomes and equal capacity
to pay a tax should be taxed the same.
