Word
CCC
Phoneticsccc
Definition
adj. describing a country's credit rating that is very low and risky. It means there is a high chance the country or company cannot pay back its debts.
adj. denoting a specific speculative-grade credit rating within the systems used by major agencies like S&P or Fitch. Indicates a high level of default risk and very poor capacity to meet financial commitments.
Examples
“The agency downgraded the country's debt to CCC status.”
“Investors avoided the government bonds after they were downgraded to a CCC rating, signaling a high risk of default.”
“While some hedge funds specialize in distressed assets, most institutional investors are prohibited from holding securities that fall into the CCC category due to their extreme volatility.”
Examples
simple
“The agency downgraded the country's debt to CCC status.”
contextual
“Investors avoided the government bonds after they were downgraded to a CCC rating, signaling a high risk of default.”
complex
“While some hedge funds specialize in distressed assets, most institutional investors are prohibited from holding securities that fall into the CCC category due to their extreme volatility.”
Usage
Typically used attributively before nouns like 'rating', 'status', or 'grade'.
Real-World Examples
“Lives "will be lost" unless more is done to combat the increasing risk of wildfires, the chairwoman of the UK's Climate Change Committee (CCC) has said after a record number of blazes this summer.” “The Climate Change Committee (CCC) , external said expansion can still go ahead but only if the aviation industry funds cleaner fuels and pays for machines that suck carbon dioxide out of the air.” Domain
Scan code
englishreference.com/q/ccc