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.

credit rating

noun

an evaluation of the creditworthiness of an individual or business enterprise

credit rating

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

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Word History and Origins

Origin of credit rating¹

First recorded in 1955–60

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Example Sentences

Examples have not been reviewed.

Australian Prime Minister Anthony Albanese has dismissed concerns that election spending promises could jeopardise the country's prized AAA sovereign credit rating.

From

Davenport also emphasized that she wanted to protect the county’s credit rating.

From

On Friday, the credit rating agency downgraded its long-term rating for the city’s general obligation bonds to AA- from AA.

From

He said PCNs were "a contractual debt" that could ultimately be pursued through the civil courts and result in a County Court Judgement, which can affect your credit rating.

From

Credit unions can help customers improve their credit ratings through products like credit-building loans, and they offer free financial education and assistance.

From

creditor credit-reference agency

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