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moody's investment grade (mig)

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Financial Dictionary

Moody's Investment Grade (MIG)

A rating system used by Moody's Investors Service for municipal notes. The rating system classifies notes into four grades: MIG 1, best quality; MIG 2, high quality; MIG 3, favorable quality; and MIG 4, adequate quality.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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