credit rating

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.

Origin of credit rating

First recorded in 1955–60

Words nearby credit rating

credit hour, credit life insurance, credit line, credit manager, credit memorandum, credit rating, credit risk, credit slip, credit squeeze, credit standing, credit transfer

Example sentences from the Web for credit rating

British Dictionary definitions for credit rating

credit rating

noun

an evaluation of the creditworthiness of an individual or business enterprise

Cultural definitions for credit rating

credit rating

An evaluation of the financial trustworthiness of an individual, firm, or government.