rising star

noun

Definition of rising star

: a person or thing that is growing quickly in popularity or importance in a particular field a rising star in politics

Examples of rising star in a Sentence

a politician who is a rising star in the Republican Party

Recent Examples on the Web

An Oregonian/OregonLive article at the time described him as a rising star in the Catholic church hierarchy. — oregonlive.com, "Reverence and resistance in one of Portland’s oldest Catholic churches," 11 Aug. 2019 The only black Republican in the House, Hurd was often described as a rising star within the party. — Matt Ford, The New Republic, "The Incredible Shrinking GOP," 5 Aug. 2019 Dadashev had been viewed as a rising star after beating two former world lightweight champions, Darleys Perez and Antonio DeMarco, last year. — James Ellingworth, BostonGlobe.com, "Russian boxer dies of brain injury four days after fight," 23 July 2019 Dadashev had been viewed as a rising star after beating two former world lightweight champions, Darleys Perez and Antonio DeMarco, last year. — NBC News, "Boxer Maxim Dadashev dies after suffering brain injury during Maryland fight," 23 July 2019 Wayne Jenkins appeared to have earned his reputation as a rising star in the department for his unparalleled ability to get guns off the streets. — Justin Fenton, baltimoresun.com, "Justin Fenton discusses key takeaways from his 'Cops and Robbers' Gun Trace Task Force series," 12 June 2019 McKee had been identified as a rising star in journalism, and spent much of her career reporting on the reverberations of sectarian conflict in her home country. — Peter Taggart And Rob Picheta, CNN, "Suspect in Lyra McKee murder arrested in Northern Ireland," 6 June 2019 The main concert sports sets from rising stars like Ateez, Stray Kids and Loona, alongside a bevy of idol meet-and-greets, Korean beauty tutorials and dance workshops. — Los Angeles Times, "At KCON L.A., frank talk about mental health amid the ear-splitting meet-and-greets," 16 Aug. 2019 Other candidates to be on the lookout for are rising stars like Julian Castro, who proved to be a strong contender in day one of the first debates. — Kynala Phillips, Essence, "The Final Line Up For The Second Democratic Debate Is Here," 19 July 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'rising star.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Keep scrolling for more

More Definitions for rising star

rising star

noun

Financial Definition of rising star

What It Is

Rising star companies have a low credit rating (often "junk"), but only because they are new to the bond market or still establishing a track record.

How It Works

A rising star is a relatively new company that doesn't yet have the track record and/or the size to earn an investment-grade rating from a credit rating agency like Standard & Poor's or Moody's.

For example, let's say Company XYZ is a small video gaming company. Company XYZ is profitable, but it needs $10 million right now so it can hire new programmers to expand its line of video games. XYZ decides to borrow the $10 million in the bond market.

Because it has no history of borrowing or paying back debt, the credit ratings agencies have no choice but to rate XYZ's bonds as "BB" or lower.

Why It Matters

Junk bonds are typically divided into two categories: Rising stars and fallen angels.

A fallen angel is a bond that once had a high rating but has since been downgraded to junk status (for example, General Motors when it declared bankruptcy). A rising star is a bond that has potential to be upgraded once the company establishes an outstanding track record of paying back its debt.

All things being equal, a investor would rather invest in a rising star's junk bond instead of a fallen angel's junk bond. A rising star has promising underlying financial performance and just needs some time to establish its credit history. A fallen angel once had an investment-grade credit rating, but has experienced some kind of financial degradation requiring a downgrade to "junk." In short, a rising star is on the way up, and a fallen angel is on the way down.

Source: Investing Answers

rising star

noun

English Language Learners Definition of rising star

: a person who is quickly becoming popular, successful, etc.

See the full definition for rising star in the English Language Learners Dictionary

rising star

Definition of rising star

Examples of rising star in a Sentence

First Known Use of rising star

Financial Definition of rising star

English Language Learners Definition of rising star

WORD OF THE DAY