Meaning Of The Word Credit rating

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  1. Real Dictionary
  2. C Words Definitions
  3. Section C-573
  4. Credit rating

What's the definition of Credit rating? Find Credit rating meanings, definitions and more at the Real Dictionary online.

Credit rating Meaning

Credit rating Definition
Credit rating Definition

What's The Definition Of Credit rating?

credit rating
the rating given to an individual or business firm as a credit risk, based on past records of debt repayment, financial status, etc.
noun: a classification of credit risk based on investigation of a customer's or potential customer's financial resources, prior payment pattern, and personal history or degree of personal responsibility for debts incurred
noun: an evaluation of the creditworthiness of an individual, business, or nation
singular noun: Your credit rating is a judgment of how likely you are to pay money back if you borrow it or buy things on credit.

credit rating in Finance
noun: A credit rating is a judgement about whether a borrower will be able to pay back a loan, based on their past history.

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