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credit rating

 

Definitions from the Web

Credit Rating

Definition: A credit rating is an assessment of the creditworthiness of an individual, company, or financial instrument. It represents the credit risk a potential lender or investor may face when extending credit or making an investment.

Part of speech: Noun

Sense: 1

Definition: A numerical score or grade assigned to an individual or entity based on their credit history and financial behavior.

Example sentence: John's low credit rating made it difficult for him to secure a loan from the bank.

Related products: Credit score books on Amazon.

Sense: 2

Definition: The evaluation of the creditworthiness of a company or government entity performed by credit rating agencies.

Example sentence: The credit rating of the country was downgraded by Standard & Poor's, causing increased borrowing costs.

Related products: Books on credit rating agencies on Amazon.

credit entry credit history credit hour credit line credit memo credit note credit order credit purchase credit rating credit side credit system credit union creditable creditably credited creditexpert crediting

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