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 Boehler is considered a rising star in the Trump administration. David Kocieniewski, Bloomberg.com, "Kushner Task Force Shares Private-Sector Zeal, Oscar Health Ties," 24 May 2020 As the former vice chair of the House Oversight Committee, she was considered a rising star as a leader among the freshman Democrats. Lauren Lantry, ABC News, "Reflecting on her 2019 scandal, former Rep. Katie Hill says she still hasn't 'fully recovered'," 21 Feb. 2020 Abrams, considered a rising star in the Democratic Party, launched Fair Fight after losing Georgia's governorship to Republican Brian Kemp in 2018. Melissa Quinn, CBS News, "Stacey Abrams' voting rights group brings in big bucks ahead of 2020 election," 10 Feb. 2020 The three-time NBA champion is certainly putting on a show for the rising stars. Ben Morse, CNN, "LeBron James believes NBA is 'in great hands' following rematch with Zion Williamson," 2 Mar. 2020 Chosen by Pierre Koffmann, formerly of Koffmann’s London Smith & Wollensky, London The London outlet of this U.S. steak restaurant chain has a fan in one of the rising stars of London gastronomy, Ollie Dabbous. Richard Vines, Bloomberg.com, "The World’s Best Burgers as Picked by Stars of Gastronomy," 11 Feb. 2020 Maia, a ukulele-playing 19-year-old, is one of the rising stars of the music industry even though she’s chosen to stay on its fringes. NBC News, "What's bedroom pop? How an online DIY movement created a musical genre," 6 Feb. 2020 The rising star arrives in the Motor City at a time when conductors with magnetic personalities are resonating with popular culture. Julie Hinds, Detroit Free Press, "DSO’s new 43-year-old maestro represents much more than a fresh face in Detroit," 22 Jan. 2020 And the roster of rising stars includes Yola, Caamp and Trippie Redd. David Lindquist, Indianapolis Star, "2020 Indianapolis concerts: Billie Eilish, Post Malone highlight 72-act roster," 10 Jan. 2020

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.

See More

First Known Use of rising star

1767, in the meaning defined above

Keep scrolling for more

Learn More about rising star

Time Traveler for rising star

Time Traveler

The first known use of rising star was in 1767

See more words from the same year

Statistics for rising star

Last Updated

29 May 2020

Cite this Entry

“Rising star.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rising%20star. Accessed 7 Jun. 2020.

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.

More from Merriam-Webster on rising star

Thesaurus: All synonyms and antonyms for rising star

Rhyming Dictionary: Words that rhyme with rising star

Comments on rising star

What made you want to look up rising star? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

See Definitions and Examples »

Get Word of the Day daily email!

Test Your Vocabulary

May 2020 Words of the Day Quiz

  • a blooming wisteria tree
  • Which is a synonym of exiguous?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Syn City

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!