CREDITRATING

Credit rating

A credit rating is an evaluation of the credit worthiness of a debtor, especially a business or a government, but not individual consumers. The evaluation is made by a credit rating agency of the debtor's ability to pay back the debt and the likelihood of default. Evaluations of individuals credit worthiness is known as credit reporting and done by credit bureaus, or consumer credit reporting agencies, which issue credit scores.

The above text is a snippet from Wikipedia: Credit rating
and as such is available under the Creative Commons Attribution/Share-Alike License.

credit rating

Noun

  1. An estimate, based on a company or person's history of borrowing and repayment and/or available financial resources, that is used by creditors to determine the maximum amount of credit it can extend to a without undue risk.


The above text is a snippet from Wiktionary: credit rating
and as such is available under the Creative Commons Attribution/Share-Alike License.

Need help with a clue?
Try your search in the crossword dictionary!