Examples of Nationally Recognized Statistical Rating Organization in a sentence
JCR is registered as a "Nationally Recognized Statistical Rating Organization" with the U.S. Securities and Exchange Commission with respect to the following four classes.
Any instrument having a maturity at issuance of less than 366 days and which is rated in one of the highest two rating categories by a Nationally Recognized Statistical Rating Organization, or which is unrated but is of comparable quality.
PJM will review Rating Agency reports from Standard & Poor’s, Moody’s Investors Service, Fitch Ratings, or other Nationally Recognized Statistical Rating Organization for each Applicant and/or Guarantor.
HIGH QUALITY SHORT-TERM DEBT INSTRUMENTS means any instrument that has a maturity at issuance of less than 366 days and that is rated in one of the two highest rating categories by a Nationally Recognized Statistical Rating Organization.
Nationally Recognized Statistical Rating Organization (“NRSRO”) ‐ Any credit rating agency that is registered with the Securities and Exchange Commission (“SEC”) as such.