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

The hype surrounding Nigeria’s kits and overall aesthetic seems emblematic of football’s rising star in the fashion world. Liz Raiss, GQ, "Nigeria Has Already Won the World Cup (of Style)," 11 June 2018 In the race for the open seat in the Orange County 39th District, Republican candidates—led by former assemblywoman and rising star Young Kim —received a combined 54.1% while Democrats took 44.2%, giving the GOP a 9.9-point margin. Karl Rove, WSJ, "Will the ‘Blue Wave’ Break in California?," 6 June 2018 State representative Jonathan Shell, who had occupied Kentucky’s 71st state house seat since 2012, was seen as rising star in his party, and enjoyed the personal backing of Mitch McConnell. Eric Levitz, Daily Intelligencer, "Red-State Teachers Just Scored a Victory That Could Transform the GOP," 23 May 2018 The film finds rising star Karena Evans behind the lens for the visual. Michael Saponara, Billboard, "SZA Enlists Donald Glover to Star in Fairytale 'Garden (Say It Like Dat)' Video," 18 May 2018 The Broward slaying of rapper XXXTentacion a month ago has left many young fans wondering whether to mourn or condemn the 20-year-old rising star. Isabella Rafky, miamiherald, "Young fans mourn XXXTentacion, but many judge slain rapper by his violent past," 12 July 2018 The Democrats may have found a new rising star on Tuesday night, but adding a socialist to the Democratic caucus is unlikely to help the Midwestern Democrats’ efforts to pick off the 23 seats the party needs to capture the majority this fall. Philip Elliott, Time, "How Alexandria Ocasio-Cortez Pulled Off the Biggest Upset of 2018," 28 June 2018 The film, now in production, marks rising star Craig Roberts' second turn as director. Alex Ritman, The Hollywood Reporter, "Billie Piper, Penelope Wilton Join Sally Hawkins in 'Eternal Beauty'," 26 June 2018 The 20-year-old rising star, whose real name is Jahseh Dwayne Onfroy, was pronounced dead Monday evening at a Fort Lauderdale-area hospital, the Broward Sheriff’s Office said. Kelli Kennedy, BostonGlobe.com, "Rapper XXXTentacion shot dead in Florida," 18 June 2018

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

31 Oct 2018

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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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