See against actual. Dresdner Kleinwort Wasserstein financial glossary

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AA UK US /ˌeɪˈeɪ/ adjective
FINANCE, STOCK MARKET used by ratings agencies (= organizations that calculate the level of risk of investments) to describe bonds, etc. with a low risk of not being paid back: »

We recommend only those funds with the high ratings of AA or AAA.

Financial and business terms. 2012.

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