Definition of "ungraded" []

• Not graded; having no grade. (adjective)

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• "Konstanty and Eddie Stanky represent Topps 'rarest and most valuable baseball cards, priced between $30,000 and $35,000 each in ungraded condition (not torn and bent to create the standup image)."
• "An "ungraded" section of the dividend report card is to see how a stock's current yield stacks up against direct competitors '."
• "An "ungraded" section lets us see how our company stacks up against competitors in several of the metrics above:"