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

While most people may recognize Jordyn Woods as Kylie Jenner’s best friend, there’s much more to the rising star than being a member of the Kardashian-Jenner's extended clan. Shammara Lawrence, Teen Vogue, "Jordyn Woods on Body Positivity, Mental Health, and SECNDNTURE," 31 Dec. 2018 The track is a melancholy banger that boasts those chill, synthy, inescapable melodies the rising star does best. Erica Gonzales, Harper's BAZAAR, "Charlotte Lawrence Releases a New Song, "Stole Your Car"," 12 Sep. 2018 ICM Partners will represent the rising star in all areas worldwide. Taylor Mims, Billboard, "Hip-Hop Artist Shy Glizzy Signs With ICM Partners," 12 July 2018 Meanwhile, Timothée Chalamet, Tiffany Haddish, Daniela Vega, Emilia Clarke, Daisy Ridley, Hannibal Buress, Kumail Nanjiani, Daniel Kaluuya, Zoey Deutch, and Amandla Stenberg are among the rising stars coming on board to the actors branch. Piya Sinha-roy, EW.com, "Emilia Clarke, Timothée Chalamet, Tiffany Haddish among record 928 Academy invitees," 25 June 2018 A few more victories, or a major championship, would catapult him into the group of players considered the true rising stars of American golf — the Spieths, the Dustin Johnsons, the Rickie Fowlers. Mike Anthony, courant.com, "Mike Anthony: Daniel Berger's Reaction Helped Make Jordan Spieth's Magical 2017 Moment," 21 June 2018 The rising star of the future must deal with being the riddle of the present. Bryce Miller, sandiegouniontribune.com, "Padres' nagging question: How do you jump-start Manny Margot?," 28 May 2018 Considered one of the rising stars in athletic administration, Evans was fired by Georgia just days after being charged with driving under the influence in Atlanta. Don Markus, baltimoresun.com, "As Maryland's search for new athletic director begins, a list of potential candidates emerges," 17 Apr. 2018 Stella McCartney is the latest figure to latch on to Pip's rising star. Chloe Foussianes, Town & Country, "Glenn Close and Her Dog Pip Just Did a Photo Shoot for Stella McCartney," 7 Mar. 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.

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First Known Use of rising star

1767, in the meaning defined above

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Last Updated

26 Apr 2019

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The first known use of rising star was in 1767

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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.

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