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speculative grade liquidity rating (sgl)

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Financial Dictionary

Speculative Grade Liquidity Rating (SGL)

Assessment of a firm's ability to meet obligations coming due during the next twelve months. The SGL rating system was developed by Moody's Investors Service to provide guidance regarding a company's liquidity risk and the possibility of default. Rating assignments range from SGL-1 (very good) to SGL-4 (weak).

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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