A fallen angel is a wicked or rebellious angel that has been cast out of heaven. The term `fallen angel` does not appear in the Bible, but it is used of angels who sinned, such as those referred to in {bibleverse|2|Peter|2:4|ESV}, `For if God did not spare angels when they sinned, but cast them into hell and committed them to chains of gloomy d...... Found on http://en.wikipedia.org/wiki/Fallen_angel
Term used in finance to describe bonds which once had a good investment value, but have now dropped in value to a much lower rating Found on http://www.encyclo.co.uk/local/22643
A bond which was issued at a rating of AAA to BBB (investment grade) which has since fallen in... <a target=_blank href='http://www.finance-glossary.com/terms/fallen-angel.htm?id=535&ginPtrCode=00000&PopupMode=false' title='Read full definition of fallen angel'>more</a>
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