Definition of "nonrated" [nonrated]

• Not rated. (adjective)

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• "There also are nonrated junk muni bonds that are considered even riskier."
• "Individual investors 'demand also has diminished since the financial crisis, with demand in the church bond market generally tracking demand for nonrated corporate securities, Mr. Overholt said."
• "However, Fidelity estimates the potential yield reduction could be as high as 0.25 to 0.43 point for an institutional nonrated fund, 0.19 to 0.32 for a rated institutional fund, and 0.14 to 0.31 point for a retail fund."