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 Tasmania is seen by many as an emerging rising star in winemaking. John Kell, Fortune, "How Australian Winemakers Are Distancing Themselves From the Country’s Reputation for Cheap Bottles," 8 Dec. 2019 Moltzan, 25, was once a young rising star on the US ski team, and a world junior slalom champion in 2015. BostonGlobe.com, "Killington Cup at a glance," 24 Nov. 2019 In the inaugural Baha Mar Cup from November 7-10, fans will get the chance to rally with Australian Open champion Naomi Osaka, rising star Coco Gauff and former world No. 1 Andy Roddick. Daniel Gallan, CNN, "Tennis stars hoping to bring relief to Bahamas after Hurricane Dorian," 7 Nov. 2019 That hope is pinned to All-NBA center Nikola Jokic and rising star Jamal Murray, who was rewarded this offseason with a five-year, $170 million max extension that will protect the pairing for the foreseeable future. Mike Singer, The Denver Post, "Nuggets turn to Nikola Jokic and Jamal Murray in NBA’s super duo era," 23 Oct. 2019 So is Nat’s second at Haven, Florence, a young, classy, potty-mouthed rising star. Don Oldenburg, USA TODAY, "'Agent Running in the Field' a modern spy thriller from master John le Carré," 22 Oct. 2019 Trading for Conley gives them a veteran point guard next to rising star Donovan Mitchell. Dan Woike, Los Angeles Times, "NBA preview: Parity in the West starts with Rockets new duo," 20 Oct. 2019 The Parkland shooting survivor, who had become a conservative rising star, had spent his senior year as a school-safety and gun-rights activist, traveling the country as the high school outreach director for the right-wing group Turning Point USA. Adam Harris, The Atlantic, "Harvard’s Drastic Decision," 17 June 2019 Anas Haqqani’s release was important to the militants, in part, because his father, Jalaluddin Haqqani, founded the Haqqani network, where Anas Haqqani was considered a rising star. BostonGlobe.com, "Two Western hostages are freed in Afghanistan in deal with Taliban - The Boston Globe," 20 Nov. 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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The first known use of rising star was in 1767

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Last Updated

12 Dec 2019

Cite this Entry

“Rising star.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/rising%20star. Accessed 13 December 2019.

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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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