Definition of Credit rating

Babylon English
credit rating
credit check, extent of a borrower's ability to repay credit that will be extended to him

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Credit rating definition was found in categories: Business & Finance(4)  Law(1)  Encyclopedia(1)  

Credit rating Definition from Business & Finance Dictionaries & Glossaries

Campbell R. Harvey's Hypertextual Finance Glossary
Credit rating
An evaluation of an individual's or company's ability to repay obligations or its likelihood of not defaulting (creditworthiness).

BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin.
CREDIT RATING
The evaluation of a supplier or a Bank as to the business's credit history and its capability of repaying its obligations.

Raynet Business & Marketing Glossary
Credit Rating
a published ranking, based on detailed financial analysis by a credit bureau, of one's financial history, specifically as it relates to one's ability to meet debt obligations.

Bond Professor's Glossary
Credit Rating
(see Rating)



The 'Lectric Law Library
Credit Rating
The evaluation of a person's or businesses' ability and past performance in paying debts. A credit rating is generally established by a credit bureau and used by merchants, suppliers, and bankers to determine whether a loan should be granted or credit extended.


Credit rating Definition from Encyclopedia Dictionaries & Glossaries

Wikipedia English - The Free Encyclopedia
Credit rating
A credit rating assesses the credit worthiness of an individual, corporation, or even a country. Credit ratings are calculated from financial history and current assets and liabilities. Typically, a credit rating tells a lender or investor the probability of the subject being able to pay back a loan. However, in recent years, credit ratings have also been used to adjust insurance premiums, determine employment eligibility, and establish the amount of a utility or leasing deposit.

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