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credit rating Definition

☆ credit rating

noun

the rating given to an individual or business firm as a credit risk, based on past records of debt repayment, financial status, etc.

credit rating Finance Definition

A formal evaluation of an individual’s or company’s credit history and ability to repay obligations. Many firms investigate, analyze, and maintain records on the credit responsibility of individuals and businesses. A credit rating is based on the number of outstanding debts and whether debts have been repaid in a timely man-
ner in the past. The best-known business credit rating agencies are Standard & Poor’s, Moody’s Investors Service, and Fitch Ratings. Other agencies specialize in credit ratings of individuals.

credit rating Usage Examples

Preposition: of

module: The credit ratings of modules should be 10, 20 or 30 credits.

Converse of object

  • have: The Postgraduate Diploma in Guidance has a credit rating of 120 ' M ' level points.
  • use: Simon Hills also noted that the Basel accord also endorsed using long-term credit ratings.
  • give: To date, S&P has given credit ratings to 13 African governments.

Adjective modifier

  • bad: Getting a mortgage can be difficult tho if you have previous debts and have a bad credit rating.
  • long-term: Simon Hills also noted that the Basel accord also endorsed using long-term credit ratings.
  • good: Handled well, a student will benefit in the future from a good credit rating.
  • high: Like government bonds, they are regarded as the safest bond investments and have a high credit rating.
  • individual: Future divisions within society could conceivably be made according to citizens ' individual credit ratings.

Modifies a noun

  • agency: CREST to decide which credit rating agencies to use and how many.
  • quot: Benefit including riders available for rent credit rating quot.
  • report: Equifax is one of the leading providers of information on company financials and credit rating reports on UK registered companies.
  • service: In the United Kingdom there are two credit reference agencies which carry out this credit rating service.
  • process: If this confidence cannot be demonstrated then we will have to review the specific credit rating process.